Turkey asks people to ditch Dollars for Lira savings – The Peninsula Qatar
- Date: 30-Jan-2022
- Source: The Peninsula Qatar
- Sector:Financial Markets
- Country:Qatar
Turkey asks people to ditch Dollars for Lira savings – The Peninsula Qatar
The Turkish government is pushing its lira-rescue plan to a new level: an advertising campaign to convince people to convert their savings to the local currency.
A video broadcast on national television and social media on Sunday praises citizens’ hard work and asks them to invest their savings into Turkish lira time deposits that offer protection from currency depreciation.