Eyes on value of Turkish currency after presidential election

STORY: Eyes on value of Turkish currency after presidential election DATELINE: May 31, 2023 LENGTH: 0:02:14 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Türkiye 2. SOUNDBITE 1 (Turkish): RESAT YILMAZ, Businessman in Grand Bazaar, Istanbul 3. SOUNDBITE 2 (Turkish): EKREM YUMLU, Shop owner in Taksim, Istanbul 4. SOUNDBITE 3 (Turkish): MURAT TUFAN, Analyst with the Ekoturk broadcaster STORYLINE: A day after the presidential election runoff in Türkiye, many Istanbulites flocked to the Grand Bazaar. They came here to exchange their dollars at high rates or get the most out of their trade interactions through the advantages of the open market as the bazaar is full of exchange offices. Türkiye is plagued by economic woes. The cost of living is high and the local currency losing its value. Over the past two years, the lira lost around 60 percent of its value against the dollar. SOUNDBITE 1 (Turkish): RESAT YILMAZ, Businessman in Grand Bazaar, Istanbul "Our country's biggest problem no

Gold prices surge in Turkey amid Russia-Ukraine conflict, inflation concerns

STORY: Gold prices surge in Turkey amid Russia-Ukraine conflict, inflation concerns DATELINE: March 9, 2022 LENGTH: 00:01:31 LOCATION: ISTANBUL, Turkey CATEGORY: ECONOMY SHOTLIST: 1. various of Grand Bazaar in Istanbul, Turkey 2. various of gold shop, gold jewelery lined up in the showcases 3. SOUNDBITE 1 (Turkish) RESAT YILMAZ, Gold and foreign exchange business practitioner 4. SOUNDBITE 2 (Turkish) RESAT YILMAZ, Gold and foreign exchange business practitioner 5. SOUNDBITE 3 (Turkish) SEVDA OZDEMIR, Istanbul resident STORYLINE: Gold prices surged sharply in the Turkish market on Tuesday amid the conflict between Russia and Ukraine and growing inflation concerns in the country. One gram of gold was traded at 936 Turkish liras (64.56 U.S. dollars) at noon, with a 1.50 percent hike in the day, while the price of gold per ounce stood at 2,007 dollars, the highest since August 2020. According to Murat Ozsoy, co-founder of Biz, a financial consultancy company, the exits from "risky assets" became dominant th