Turks welcome lira reform, but expect confusion over zapped zeros

"As Turkey prepares to launch a new currency in 2005 in testimony to its successful fight against chronic inflation, many Turks greet the reform with approval but are also apprehensive about possible confusion as people get used to the new money."



"Our purses will finally grow lighter," Muazzez Avci, a 58-year-old housewife, said. "And no one will laugh at our money again."

"For Turks, the zero-ridden Turkish lira became a source of national shame as a symbol of economic failure as they juggled with wages measured in billions in a country with a budget calculated in quadrillions."
Turks welcome lira reform, but expect confusion over zapped zeros