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An average family (on an income of around 50m lire a year) will be around 800,000 lire better off.
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Even better, with the Turkish Lira still measuring up against most major currencies, there has never been a better time to explore.
And better financial discipline above all a 2.5 trillion lire reduction in ENEL's debt, to 31.8 trillion at the end of June 1997, helped by falling interest rates—has cut financing charges by 21.6% over the same period.
Don't let gloaters spoil your trip when they boast about the better exchange rate they got for their lire.
The music sounds even better with a bottle of Lebanese Al Maza beer (100 lira) or a glass of Lebanese wine (175 lira) from Chateau Ksara.
Best are the ropes hung with thick disks of soap (20 lira) — orange, rose, lavender — and circular blue and white nazar boncugu medallions, better known as the evil eye charm.
Even better (for me), Turkey was going through summertime economic woes that strengthened the dollar to 1.55 lira.
Turkey's central bank is in better shape than in 1993; its governor has probably hoarded enough foreign exchange to prop up the lira.
He demanded 500,000 lire.
A great story, but there's a better chance this successful entrepreneur saw the high markup on parts that both he and Ferrari were using and decided there were lira to be made in the exotic car business.
"In Italy, they have 1,000 lira stores," he said, already having put a radish grater, a soup spoon and a towel rack in his shopping basket, "but the choice and quality is much better here".
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