Turks rush for USD as lira continues to depreciate amid high inflation

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Turks rush for USD as lira continues to depreciate amid high inflation

STORY: Turks rush for USD as lira continues to depreciate amid high inflation SHOOTING DATE: earlier footage DATELINE: March 8, 2024 LENGTH: 00:01:27 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul city 2. various of exchange office, clerk in exchange office 3. various of Turkish Central Bank, Turkish lira 4. various of Grand Bazaar, exchange office in Istanbul, Türkiye STORYLINE: The U.S. dollar's ascent against the Turkish lira continued on Thursday, leading to increased demand for the U.S. currency among Turkish citizens. The dollar was trading at 31.85 liras at 2 p.m. local time (1100 GMT), showing a slight increase from Wednesday's closing rate of 31.79 liras. In Istanbul's Grand Bazaar, an area teeming with currency exchange offices, the dollar briefly surpassed the 32-lira mark on Wednesday, prompting a surge in demand for the greenback. Long lines have formed outside these exchange offices since Wednesday as people rush to acquire dollars in anticipation of further

  • Product Code
  • ILEA002430378
  • Registered date
  • 2024/3/08 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 94.03(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Bank of Japan keeps interest rate unchanged, yen sinks below 156

    STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

      Turkish central bank keeps policy rate unchanged at 50 pct

      STORY: Turkish central bank keeps policy rate unchanged at 50 pct SHOOTING TIME: Earlier footage DATELINE: April 26, 2024 LENGTH: 00:01:04 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank 2. various of Turkish lira STORYLINE: Türkiye's central bank on Thursday kept its interest rate unchanged at 50 percent, saying that the monetary policy decisions in March have led to a significant tightening in financial conditions. "Considering the lagged effects of the monetary tightening, the committee decided to keep the policy rate unchanged, but reiterated that it remains highly attentive to inflation risks," the bank said in a statement, adding that it will maintain the tight monetary stance until a significant and sustained decline in monthly inflation is observed. Despite the ongoing decline, the underlying trend of monthly inflation in March was higher than expected, the statement said. "While imports of consumer goods and gold contribute to the improvement in the current

        Turkish president meets Hamas leader in Istanbul

        STORY: Turkish president meets Hamas leader in Istanbul SHOOTING TIME: April 20, 2024 DATELINE: April 21, 2024 LENGTH: 00:00:44 LOCATION: ISTANBUL, Türkiye CATEGORY: POLITICS SHOTLIST: 1. various of the meeting of Turkish President Recep Tayyip Erdogan with head of the Hamas Political Bureau Ismail Haniyeh in Istanbul, Türkiye STORYLINE: Turkish President Recep Tayyip Erdogan met on Saturday with head of the Hamas Political Bureau Ismail Haniyeh in Türkiye's largest city, Istanbul. The meeting, which commenced at 2:30 p.m. local time (1130 GMT), was held behind closed doors at the Dolmabahce presidential working office, as reported by the NTV broadcaster. Both leaders were anticipated to discuss the ongoing Israeli attacks and the humanitarian situation in the Gaza Strip, as well as ceasefire efforts, the NTV added. Haniyeh recently suffered the loss of his three sons in an Israeli airstrike in Gaza City on April 10. Xinhua News Agency correspondents reporting from Istanbul, Türkiye. (XHTV)

          China's Honor unveils new mobile phone in Türkiye

          STORY: China's Honor unveils new mobile phone in Türkiye SHOOTING TIME: April 18, 2024 DATELINE: April 19, 2024 LENGTH: 0:01:11 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Honor Magic6 Pro 2. various of Liu Jun, president of Honor Eurasia Multi-Country Region 3. various of Turkish consumers STORYLINE: Chinese smart device manufacturer Honor on Thursday unveiled its latest mobile phone to Turkish consumers during a launch event held in Istanbul, the financial and cultural hub of Türkiye. With its good performance, camera features, and a sleek design, the Honor Magic6 Pro is slated to hit store shelves on April 30. Online orders are already available on Türkiye's e-shopping platforms. Liu Jun, president of Honor Eurasia Multi-Country Region, said at the event that he firmly believed that the model, priced at 59,999 Turkish liras (1,845 U.S. dollars), will provide consumers with fine innovation and premium experience. He also expressed confidence that the model would "make a very

            Uncertainties in U.S. economic policies add to strain on Turkish economy -- experts

            STORY: Uncertainties in U.S. economic policies add to strain on Turkish economy -- experts SHOOTING TIME: April 12, 2024 DATELINE: April 13, 2024 LENGTH: 00:02:04 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul city in Türkiye 2. various of Murat Tufan, an analyst with Turkish broadcaster Ekoturk, in Istanbul, Türkiye 3. SOUNDBITE 1 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk 4. shot of Grand Bazaar in Istanbul, Türkiye 5. SOUNDBITE 2 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk 6. shot of Grand Bazaar in Istanbul, Türkiye 7. SOUNDBITE 3 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk 8. shot of Mehmet Ali Yildirimturk, a financial analyst in Istanbul, Türkiye 9. SOUNDBITE 4 (Turkish): MEHMET ALI YILDIRIMTURK, Financial analyst 10. shot of Grand Bazaar in Istanbul, Türkiye 11. SOUNDBITE 5 (Turkish): MEHMET ALI YILDIRIMTURK, Financial analyst STORYLINE: Uncertainties in U.S. monetary policy and high inflation in t

              India's forex reserves rise to 648.562 bln USD

              STORY: India's forex reserves rise to 648.562 bln USD SHOOTING TIME: April 10, 2024 DATELINE: April 13, 2024 LENGTH: 00:01:02 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India Gate 2. various of building of the Reserve Bank of India 3. various of market STORYLINE: India's foreign exchange (forex) reserves further rose by 2.98 billion U.S. dollars to 648.562 billion U.S. dollars in the week ended April 5, according to the weekly statistics issued by the country's central bank the Reserve Bank of India (RBI) on Friday. This was the seventh consecutive week when India's forex reserves moved upwards. The foreign currency assets, a key component of the forex reserves, rose by 549 million U.S. dollars to 571.166 billion U.S. dollars during the cited period, showed the RBI data. Meanwhile, the gold reserves rose by 2.398 billion U.S. dollars to 54.558 billion U.S. dollars. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

                ADB forecasts 4.9 pct growth for developing Asia and Pacific in 2024, 2025

                STORY: ADB forecasts 4.9 pct growth for developing Asia and Pacific in 2024, 2025 SHOOTING TIME: April 11, 2024 DATELINE: April 12, 2024 LENGTH: 00:02:02 LOCATION: Manila CATEGORY: ECONOMY SHOTLIST: 1. various of Makati City 2. various of ADB headquarters 3. various of aerial footage of Manila STORYLINE: Asia and the Pacific's economy remains strong, with the growth rate in the region's developing economies projected at 4.9 percent in 2024 and 2025, the Asian Development Bank (ADB) Thursday said in its latest outlook report. Despite uncertainties in the external environment, including escalating geopolitical tensions, the outlook "is broadly positive," said ADB in the annual flagship outlook report. The end of interest rate hiking cycles in most economies, as well as continued recovery in goods exports from an upturn in the semiconductor cycle, will support growth, ADB Chief Economist Albert Park said in the report. Stronger growth in South Asia and Southeast Asia will lead the region's perform

                  China's booming foreign trade benefits other countries: experts

                  STORY: China's booming foreign trade benefits other countries: experts SHOOTING TIME: Recent footage DATELINE: April 12, 2024 LENGTH: 00:02:03 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of container terminals 2. various of street views in China 3. SOUNDBITE 1 (English): STEPHEN NDEGWA, Lecturer in international relations at the Nairobi-based United States International University-Africa 4. SOUNDBITE 2 (English): CHARLES ONUNAIJU, Director of Center for China Studies, Nigeria 5. SOUNDBITE 3 (English): BENJAMIN MGANA, Chief editor of Foreign News of The Guardian, Tanzania STORYLINE: China's total import and export of goods expanded 5 percent year on year in yuan terms in the first quarter of 2024, setting new records in both scale and growth rate, official data showed Friday. From January to March, the country's foreign trade in goods stood at 10.17 trillion yuan (about 1.43 trillion U.S. dollars), according to the General Administration of Customs (GAC). Historically, for the first time, the

                    U.S. CPI accelerates to 3.5 pct in March amid continued inflation pressure

                    STORY: U.S. CPI accelerates to 3.5 pct in March amid continued inflation pressure SHOOTING TIME: Recent footage DATELINE: April 11, 2024 LENGTH: 0:01:18 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the U.S. Labor Department 2. various of a grocery store STORYLINE: U.S. consumer inflation in March sped up to 3.5 percent from a year ago, after ticking up to 3.2 percent in February, indicating continued inflation pressure, the U.S. Labor Department reported Wednesday. The Consumer Price Index (CPI) increased 0.4 percent in March on a seasonally adjusted basis, the same increase as in February. The index for shelter rose in March, as did the index for gasoline. Combined, these two indexes contributed over half of the monthly increase in the index for all items. The latest inflation report showed that the so-called core CPI, which excludes food and energy, increased 0.4 percent in March, as it did in January and February, after edging up 0.3 percent in December. Core CPI rose 3

                      17 killed, 35 injured as truck crashes in SW Pakistan

                      STORY: 17 killed, 35 injured as truck crashes in SW Pakistan SHOOTING TIME: April 11, 2024 DATELINE: April 10, 2024 LENGTH: 00:01:01 LOCATION: Islamabad CATEGORY: OTHERS SHOTLIST: 1. various of the injured being taken to hospital 2. body being loaded on vehicle STORYLINE: At least 17 people were killed and around 35 others injured in a truck crash in Hub district of Pakistan's southwest Balochistan province, the local rescue service confirmed on Thursday morning. The accident took place late Wednesday night when a truck carrying religious pilgrims fell into a ditch in Ghulam Hussain Chatta area in the district, Abdul Hakeem, a local representative of Edhi rescue organization told Xinhua. The incident happened due to over-speeding as the driver lost control of the vehicle, he added. Upon receiving the information, rescue workers reached the site and shifted the victims to a local hospital, the rescue service reported, adding that they were later taken to the southern port city of Karachi for furthe