The period marked in red is the era of the lowest interest rates set by the Merkez Bankası in recent years, around 8.5%. Dolar/TL was 20. Then, interest rates rose up to 50%. During that period, Dolar/TL was 44 TRY. While not paying any interest cost us 11 TRY per dollar, today, with 33 TRY plus interest, the burden is much higher.

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