Currency parities DM > € > US $ > NT $ > HK $  > TL.

It will suggest with itself that Turkey will attain a competitiveness on the European market improved fundamentally again to the release of the Turkish lira (TL) at the world currencies "€ (DM)" and "U.S. $".

It is not possible to say finally, how much our parts can be supplied cheaper in the future, because also we in Turkey have to buy and to pay many things in U.S.$. We see not only the advantage of a devaluation, also we have to cope with all such problems. Specially the long lasting devaluation, which the European currency, the EURO is suffering, partly till to 38 % is a big problem for us !

Furthermore the consumer goods of the daily life here adapt himself to the Devaluation taken place in Turkey, again so that the serious advantage will be equalized  again, about pay and salary increases. (NEWS 35.2001)