What is the currency of Turkey?
Para (currency) Para (currency) The para (Cyrillic: пара, from Turkish "para", from Persian "pārah", "piece" ) was a former currency of the Ottoman Empire, Turkey, Montenegro, Albania and Yugoslavia and is the current subunit, although rarely used, of the Serbian dinar. As a former Ottoman and Turkish currency, it was 1/40 of a "kuruş", which was, in turn, 1/100 of a Turkish lira. It was also earlier 3 "akçe" The modern Turkish lira is only divided into "kuruş". In Serbia, the "para" has been the subunit of the dinar since the 19th century. The Montenegrin perper was subdivided into 100 "pare" during
Economy of Turkey Economy of Turkey The economy of Turkey is defined as an emerging market economy by the IMF. Turkey is among the world's developed countries according to the CIA World Factbook. Turkey is also defined by economists and political scientists as one of the world's newly industrialized countries. Turkey has the world's 17th-largest nominal GDP, and 13th-largest GDP by PPP. The country is among the world's leading producers of agricultural products; textiles; motor vehicles, transportation equipment; construction materials; consumer electronics and home appliances. As of August 2018, Turkey lives through the 2018 Turkish currency and debt crisis, characterized by the Turkish