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Is like to hear about this from somebody living in Turkey but maybe shop prices must be in Lira. I don't even know if in my country it's mandatory for physical
by pmontra 5y ago
Is like to hear about this from somebody living in Turkey but maybe shop prices must be in Lira. I don't even know if in my country it's mandatory for physical shops to display prices in Euro or if a price could be only in Dollars.
- rvense 5y agoCertainly in my country you have to accept our own currency. Cash is mandatory too, although that's just a matter of a years.
- School-Cotton 5y agoEven if you have to quote prices in lira, could they internally model the price in euros or dollars and adjust the lira price multiple times a day if necessary? I’ve heard that this is what most shopkeepers did during the hyperinflation in Yugoslavia (with German marks as the reference currency).
- mrighele 5y agoI don't know about shop prices, but it used to be possible to make contracts in EUR or USD, especially when loans in those currencies were involved. For example if a company would build a shopping center using loans in EUR, and then would rent the shops in EUR. This practice has been banned, I think at the time of the previous currency crisis (2018) and now prices must be in local currency