Famous economist Mahfi Eğilmez explained the great danger that comes with the dollar rise



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Famous economist Mahfi stiff, Central Bank President Murat Uysal “We have a position as a target our exchange rates”, as the answer showed, drew attention to an important detail. Eğilmez dollars due to the increase in Turkey’s money rate you have to find to pay off the foreign debt of 10 He said it has increased by 1 trillion lire per month to 3.5 trillion lire.

Economist and former Treasury Undersecretary Mahfi Eğilmez responded to the words of Central Bank Governor Murat Uysal by saying, “We have no position on targeting exchange rates” in his Tiwtter account post, saying:

“The government and the central bank don’t make predictions, they set goals. Because the means to achieve the goal are in their hands. Proper use of these tools determines whether or not they will achieve the goal. Guessing is the work of those who have no tools “.

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Eğilmez, after a Twitter user “It doesn’t matter, teacher. If the Minister of Economy isn’t looking for the dollar, what about! Get your salary in dollars, you owe dollars.” He responded to his comment with surprising words. Stiff, Turkey’s foreign debt increased to 10 months to find the necessary 1 trillion money specifying he gave the following answer:

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“Our external debt is $ 421 billion. At the beginning of the year, 2.5 trillions of TL were required to pay this debt. Today 3.5 trillion TL is needed. There is no additional debt, but the amount we have to pay has increased by TL 1 trillion in 10 months. “

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