Dollar Continues to Rise at Incredible Speed

Dollar Continues to Rise at Incredible Speed

How Does the Rise of the Dollar Affect the Public? Recent increases in terror incidents and political tension in the country have pushed the dollar to new heights again. With the rise of the dollar, price hikes are expected to be imminent. However, it is also a fact that these price hikes are being postponed until after the elections. It appears that the public will once again pay the price for all the losses in the country after the elections. The government officials' long-standing advice to save your money in Turkish Lira seems utterly meaningless to the public. Price Hikes Will Be Reflected in Natural Gas, Electricity, and Water Bills The Turkish people, already facing difficulties in terms of livelihood and employment, will once again bear the cost of the country's economic imbalances. These constant price hikes that are passed on to the public are exasperating people. While there is extreme luxury and wealth on one side, the other side is paying the price. This leads to the country's regression in every sense.