Egyptian travel companies profit on Turkey visits due to falling lira

Egyptian tourism companies are seeking to take advantage of the low exchange rate of the Turkish lira to promote their programs in Turkey even after the summer season is over.
Turkey tourism
Tourists line up with their shopping bags before getting back to their car in Edirne, near the Bulgaria border in Turkey on Dec. 17, 2021. The mosque-filled city of Edirne is now the place where shoppers from Turkey's western neighbors go to stock up on everything from underwear to walnuts at a fraction of their cost back home. - OZAN KOSE/AFP via Getty Images
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Ahmed Hidji
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Mohammed Abdel-Qader, who works in an Egyptian telecommunications company, has been planning for a year to spend New Year's Eve in Turkey. “I have always wanted to experience snowboarding in mountainous areas,” he told Al-Monitor.

Abdel-Qader considers himself lucky to travel at this time in light of the drop in the exchange rate of the Turkish lira. “This decline allowed me to go shopping for clothes in Turkey, with a total budget of $2,000.”

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