Saturday, September 24, 2022

Saudi Tourists Flocking to Turkey’s Shops amid Lira Plunge

Tourists from Saudi Arabia and other regional countries are flocking to high-end shops in Turkey, as a historic plunge in the value of the country’s national currency has made prices extremely affordable for foreigners.

This year, the lira has lost more than 40 percent of its value against the US dollar in the wake of concerns about the future of the Turkish economy and worsening Turkey-US ties, among other factors.

Turkey’s currency fell to another record low on Monday, hitting stocks in Europe and elsewhere.

What follows are photos of Arab tourists in Turkish shops:

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