Pressure on Turkish economy increases as euro falls against USD: expert

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Pressure on Turkish economy increases as euro falls against USD: expert

STORY: Pressure on Turkish economy increases as euro falls against USD: expert DATELINE: Sept. 16, 2022 LENGTH: 00:01:56 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of dollars 2. various of the expert 3. various of Turkish flag 4. Turkish central bank 5. various of trade and exchanges in Türkiye 6. SOUNDBITE 1 (Turkish): CENK AKYOLDAS, Finance coordinator, Istanbul-based NGO World Trade Business Development Council 7. various of beach in Türkiye 8. SOUNDBITE 2 (Turkish): CENK AKYOLDAS, Finance coordinator, Istanbul-based NGO World Trade Business Development Council STORYLINE: A Turkish expert has said in a recent interview that euro's continuous depreciation against the dollar has increased the pressure on the Turkish economy, foreshadowing new challenges amid the country's already record-high inflation. With energy insecurity and surging inflation hanging over Europe, the euro has been in freefall this year. While the dollar, buoyed by the U.S. federal reserve's consecutive interes

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  • ILEA001017560
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  • 2022/9/16 00:00:00
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  • Xinhua / Kyodo News Images
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