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THE MOST VOLATILE CURRENCY IN TURKEY

THE MOST VOLATILE CURRENCY IN TURKEY

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THE MOST VOLATILE CURRENCY IN TURKEY

November 5, 2020
in Economic news

Now people are talking about the rapid fall of the Turkish lira exchange rate.

However, the most “volatile currency” of Turkey is the rating of President Erdogan.

With the exception of some spikes in 2011 (a peak year for Turkey) and 2016 (a coup attempt), and periods of election campaigns, the approval rating for the actions of the Turkish president fluctuates at a level below his classic “50% plus a little more” at the presidential election. 

One of the peaks was passed earlier this year as a result of the actions of the Turkish authorities on the Coronavirus. Then Erdogan’s actions were approved by 55.8% of respondents and not approved by 36.6%.

In September, as a result of the country’s actions in the Eastern Mediterranean, 52.3% approved versus 43% of those who did not.

And the October rate of approval of President Erdogan’s actions – the war in Nagorno-Karabakh – amounted to 50.9%, while 44.7% of respondents disapproved of his actions.

Note that, not having “Putin’s ratings”, Erdogan wins all elections in Turkey. Big politician.

 

Source:https://t.me/turkey_is

 

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