Call from Mersin Exporters to Increase Exchange Rate Support Rate
MTSO President Hakan Sefa Çakır requested that the 3% exchange rate support be increased to 10% for exporters struggling due to economic pressures.
MTSO Chairman of the Board Hakan Sefa Çakır emphasized that the current exchange rate support must be increased to prevent exporters caught in the high interest and inflation spiral from losing markets.
Economic Pressures and the State of Exports
High interest rates, inflation, difficulties in accessing credit, and cash flow problems in the Turkish economy continue to increase the pressure on companies.
Mersin's Place in Foreign Trade
It was stated that Mersin is an important export city with foreign trade relations with 150 countries and possesses one of Turkey's largest ports.
Demand for Exchange Rate Support Rate
MTSO Chairman of the Board Hakan Sefa Çakır pointed out that the current 3% exchange rate support provided to exporting companies remains insufficient.
In an environment experiencing 32% inflation and a 17% increase in exchange rates, it was demanded that this support be raised to the 10% level to avoid losing markets.