Trade Exposure to exchange risk

mporters and distributors whose products are mainly sold on the market in lira, are facing a dilemma. They pay for these imports in foreign currencies, chiefly the US dollar. Such products include foodstuffs and other consumer goods, as well as pharmaceuticals and fuels. Banks continue to provide dollars to major importers. Smaller importers may have more difficulty in getting access to their funds. Some distributors that buy locally in the dollar but sell in lira, such as fuel distributors, are facing tougher challenges when securing funding in the greenback. A solution for financing the imports of the three major strategic and regulated commodities - wheat, medicine, and fuels, is slated to be announced by the Central Bank (BDL) on the first