{"id":68173,"date":"2021-11-24T12:02:15","date_gmt":"2021-11-24T12:02:15","guid":{"rendered":"https:\/\/npasyria.com\/en\/?p=68173"},"modified":"2021-11-24T12:02:46","modified_gmt":"2021-11-24T12:02:46","slug":"turkish-lira-crashes-prices-hike-in-syrias-idlib","status":"publish","type":"post","link":"https:\/\/npasyria.com\/en\/68173\/","title":{"rendered":"Turkish lira crashes, prices hike in Syria\u2019s Idlib"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>IDLIB, Syria (North Press) \u2013<\/strong> Turkish-backed Syrian opposition-held areas have recently witnessed significant worsening of living and economic conditions due to the high prices as a result of the historic crash of the Turkish lira.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Within a week, the Salvation Government of Hay&#8217;at Tahrir al-Sham (HTS, formerly al-Nusra Front) raised the prices of fuel and gas four times.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/npasyria.com\/en\/68158\/\">Turkey\u2019s lira crashed to a record low of 13.44 to the dollar on Tuesday<\/a>, after Turkish President Recep Tayyip Erdogan defended his central bank\u2019s continued contentious interest rate cuts, and vowed to win an economic war of independence.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last night, news agencies and social media accounts published videos that they said were protests in Istanbul against the Turkish president and the Turkish government.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since June 2020, the Syrian Interim Government of the opposition Syrian National Council and the Salvation Government the civil wing of the HTS issued a decision to use the Turkish currency instead of the Syrian pound.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lo\u2019ay al-Hussein, a farmer from Idlib countryside, receives 25 Turkish liras (equivalent to 7,200 SYP) for his nine hours of work from dawn to late afternoon, &#8220;which was enough, a month ago, for bread and some basic household necessities.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He said his income today is not enough to buy bread, and some biscuits for the children to keep them busy during the absence of the parents.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Turkish lira\u2019s latest sharp downturn caused food price hikes in northwest Syria by 400%, and bread prices by 300%, according to a statement by the Syria Response Coordinators team.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The prices of non-food items have increased by 200%, and fuels by 350%, while poverty rates have increased dramatically exceeding 90%, according to the same source.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Arab al-Mustafa, a displaced worker from Jabal Shahshabo in the western countryside of Hama, said he needs a full week&#8217;s income to secure a home gas cylinder, the price of which has reached 140 Turkish liras (more than 40,000 SYP).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Al-Mustafa holds the Salvation Government responsible for what is happening in Idlib, &#8220;it is also taking advantage of the Turkish lira\u2019s collapse to raise prices, and does not take any measures to limit traders&#8217; manipulation of prices and their monopoly on some basic commodities.&#8221;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Reporting by Bara\u2019 al-Shami <\/strong><strong><\/strong><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>In northwest #Syria, food prices increased by 400%, non-food items by 200%, and fuel by 350%, while poverty rates exceeded 90%, due to policy conducted there, residents say. #Idlib #HTS #SNA #Turkey <\/p>\n","protected":false},"author":5,"featured_media":68174,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pgc_sgb_lightbox_settings":"","footnotes":""},"categories":[39,10],"tags":[],"class_list":["post-68173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-reports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - 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