November 28, 2021
1 min read

Apple sales resume in Turkey

Apple has also significantly increased the price of all of its products in the country as a result of inflation….reports Asian Lite News

Apple recently closed its business in Turkey due to concerns about the sharp drop in the exchange rate of the Turkish lira and now a new report has claimed that the iPhone maker has resumed sales of products in the country.

According to MacRumors, Apple has also significantly increased the price of all of its products in the country as a result of inflation.

Customers purchasing the iPhone 13 Pro in Turkey will now be charged 19.999 TL, up from 14.999 TL earlier this week, the Apple Watch Series 7 at 5.399 TL, up from 4.399 TL, and AirPods Pro at 3.599 TL, up from 2.899 TL.

The Turkish lira crashed to a record low of 13.44 to the dollar earlier this week.

The Turkish lira is currently equivalent to approximately $0.078. It has depreciated by nearly 40 per cent this year and 20 per cent in the last week alone. In the past year, the lira has fallen by 45 per cent against the US dollar.

Turkey’s currency has been in a downward slide since early 2018 due to geopolitical tensions with the West, current account deficits, shrinking currency reserves.

There is no word on when Apple might resume sales in Turkey. Meanwhile, the inflation rate is close to 20 per cent, dramatically increasing the price of goods.

ALSO READ: Turkey challenges Russia, pushes into Central Asia with Organisation of Turkic States

ALSO READ: Turkey’s role in terror finance needs close watch

Previous Story

Plight of Afghan Journalists under Taliban

Next Story

Twitter getting ready for ‘Reactions’

Latest from -Top News

US Backs India’s Hunt for Pahalgam Terrorists

Gabbard’s “hunt down” message comes amidst escalating Indian response to the terrorist attack, saying it had clear “cross-border” links to Pakistan….reports Asian Lite News Tulsi Gabbard, Director of National Intelligence (DNI), on

Border Sealed, Hopes on Hold

A Hindu family from Balochistan’s Sibi was reportedly denied entry into India after the closure of border crossing….reports Asian Lite News Pakistan and India’s decision to shut down the Wagah-Attari border crossing

West visits Cambodia to strengthen ties 

The visit also addresses shared security concerns, including combating serious organised crime and human trafficking, and future defence cooperation initiatives  The UK and Cambodia are collaborating to advance climate initiatives and promote
Go toTop

Don't Miss

Apple Vision Pro to restrict camera access for third party apps

When making a FaceTime call using Apple Vision Pro, the

Apple launches Vision Pro’s software development kit

The new visionOS simulator allows developers to interact with their