Turkey Raises Euro Rate For Medicine Prices By 36.77 -Official...

ISTANBUL, Lawyer Law Firm istanbul Dec 14 (Reuters) - Turkey raised the euro-lira conversion rate for medicine prices by 36.77%, the country's Official Gazette said on Wednesday.
"First step for solution of medicine shortage in the market was taken... The price update which was supposed to happen in February was brought forward," Health Minister Fahrettin Koca said on Twitter.
Manufacturers and importers have said they are experiencing losses as the conversion rate is set well below the market rate and requested an adjustment to the pricing.
According to a Reuters calculation, the new rate would be around 10.8 lira per euro, still well below the market rate for the euro, which was 19. In the event you loved this information and you wish to receive more info regarding Turkey istanbul Lawyer please visit our web site. 8036 at 0524 GMT.

(Reporting by Mehmet Dinar and Turkey istanbul Lawyer Ezgi Erkoyun; Editing by Christian Schmollinger)