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Turkish Lira vs. Turkish technology industry

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Lately everyone has been talking about interest rates and the fall of the Turkish Lira against other currencies. These have a few serious consequences on the Turkish ICT industry. Firstly, with the rising dollar against the lira, the prices of all hardware and software programs have gone up. This will result in the decline of sales of technological products and services. On the other hand, in Turkey the hourly rate of a coder is way below than those in the U.S. and EU now, so we might see an increase in software exports. However, this........

© Hürriyet Daily News