Turkey's real rates are deeply negative, a red flag for fleeing investors and for Turkish savers who have flocked to hard currencies to protect their wealth.
The Gold Standard Act of 1900 linked the dollar solely to gold.
Using this currency converter, you can find the latest exchange rate for the Turkish lira and a calculator to convert from Turkish lira to Dollars.
Now however, he continues to insist that the economy is robust and that Turkey will come on top after the pandemic winds down.