#Para

Bulgarians no longer coming for shopping

Bulgarians are no longer coming to Turkey for shopping. In previous years, the Turkish Lira had experienced sharp losses against other currencies. Bulgarians were flocking to Edirne due to the exchange rate disparity. However, with the slow movement in exchange rates, the arrivals of Bulgarians have decreased. The decrease in Bulgarian tourists has reduced business for merchants. It is noted that there are many merchants transferring, renting, or selling their businesses. With a decrease of around 60%, merchants mention that the decline is around 50-60% and state that “The stability of the exchange rate has pushed them to the background in choosing Turkey.”

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