#OnTheBrink | Consumer, economic confidence in Turkey at a low

116 views · Published 25 September 2018 · 5:15 · Indexed 27 September 2026

Channel: eNCA · 2018 · News & Politics

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This week on eNCA, we are exploring the crisis that’s gripped emerging market countries and what this means for South Africa as investors avoid so-called risky economies. In Turkey, consumer and economic confidence is at its lowest level in almost a decade. The lira has lost 40% against the dollar this year. Inflation is soaring, but the economy is stalling. Shahan Ramkissoon is exploring the implications from Istanbul. Courtesy DStv403

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