The cost of 1 TL has exceeded its own value.

In recent years, the inflation has increased the prices of everything. Among the items that have increased in price, not only products but also the cost of 'money' has been included. The cost of 1 TL, which has occasionally been on the agenda, has broken records by exceeding 3 lira. The cost of 25 kuruş has nearly approached 2 lira.

THE COST OF 1 TL HAS TRIPLED ITS OWN VALUE

The weight of the 1 TL coin has decreased from 8.2 grams to 6.6 grams. The weight of the 50 kuruş has dropped from 6.8 grams to 5.5 grams. However, the increasing foreign exchange rates have also reflected on the alloys used in metal coins. The cost of 1 TL has exceeded 3 TL. The cost of the 1 TL coin, which is frequently used in daily life and sometimes complained about being unavailable in the market, has surpassed 3 lira. The cost of just 1 TL has made the cost of 25 kuruş reach 1 lira 86 kuruş. The cost of 50 kuruş has risen to 2 lira 63 kuruş.

"THEY ARE SELLING TO SCRAP DEALERS"

CHP Ankara Deputy Deniz Demir complained about the increases in the cost of money and shared a graph on his social media account. In a written statement, Demir noted that the 1 TL coins are being collected by opportunists as soon as they hit the market and sold to scrap dealers.

In his written statement, Demir included the following remarks: The General Directorate of the Mint and Stamp Printing House has reduced the gram weight to lower costs. While the ratios of copper, zinc, and nickel used have changed, a 30% saving has been achieved in production. This situation has opened the door for opportunists, who have started collecting the coins as soon as they hit the market and selling them to scrap dealers for unfair profit. In a place where bread is approaching 15 lira, coins like 50 kuruş and 1 TL have completely lost their value.