Home Business Turkey sees 3rd fuel hike in a week amid currency depreciation

Turkey sees 3rd fuel hike in a week amid currency depreciation

55 second read

ISTANBUL, June 12 (ABC): Turkish consumers on Saturday was struck by the third round of fuel price hike in a week, as a volatile Turkish currency took its toll on the economy, which relies largely on imports.

The per liter gasoline price rose by 2.18 liras (about 0.12 U.S. dollars) to nearly 28.5 liras across the country, Birgun daily reported, reflecting an almost 268 percent increase in fuel prices compared with a year ago.

  • Internews Pakistan is an Islamabad-based news agency established in 1997.

Load More Related Articles
Load More By Editor in Chief
Load More In Business
Comments are closed.

Check Also

Climate Change Threatens Gilgit-Baltistan as Glaciers Melt and Communities Face Rising Risks

By Raja Kashif Hussain Maqpoon| Editor-in-Chief Daily K2 Gilgit-Baltistan – July 26, 2025 …