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with the international jitters caused by the instability of the turkish economy and its possible contagion effects on other emerging markets after losing more than twenty percent of its value on friday the turkish currency the lira has recovered slightly but it's still moving near all time lows at the same time the government is announcing a plan to stop the freefall but a several issues are hitting the turkish economy simultaneously finding solutions will be a tough call. is in freefall and while the turkey central bank has announced measures to help banks weather the storm ordinary businesses are already feeling the pinch. hit the grim i mean trade with my business is interrupted because i sell imported goods. so we'll update the prices today because the prices we pay we're going to increase twenty percent as a result of currency fluctuations. eventually people will be affected by it.

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