Apple sales resumed in Turkey on Monday with a major price hike after the company temporarily halted sales following a currency crash in the country last week, Mac Observer site reported.
Local prices have been increased by 25 percent to reflect the devaluation of the Turkish lira against the U.S. dollar, it said, noting that unless the lira stabilises, Apple is expected to push prices even more.
The company suspended sales last Tuesday, when the lira hit historic lows against the dollar, nosediving more than 15 percent after President Recep Tayyip Erdoğan defended recent rate cuts and vowed to win his “economic war of independence.’’
The currency has dropped 42 percent compared to the dollar over the past year as Erdoğan doubles down on his unorthodox management of the economy.
Apple has added 2,958 lira (roughly $239) to its prices for devices like the MacBook Air, 14-inch MacBook Pro, and the new iPad mini, the site said, while the company’s mid-tier 16-inch MacBook Pro has seen a hike of 6,500 lira (roughly $504).