Tue, 21-Oct-2025

Apple’s iPhone prices bite in Turkey despite Black Friday

Apple

ISTANBUL: Instead of Black Friday discounts, consumers in Turkey were faced with steep price hikes for Apple products after the value of the lira hit new record lows this week. Certain Apple devices were 25 per cent more expensive than usual on Friday, with some increases worth more than the local minimum wage. Persistent double-digit inflation … Read more

Turkish lira drops to historic low amid price hike

turkish-lira

ANKARA: The Turkish currency has slid to a historic low of over 10 liras against the dollar, and its devaluation seems far from over as it may dip further if the central bank decides on another interest rate cut on Thursday, experts said. The currency touched the all-time low last Friday evening, passing a major … Read more