Media Review for August 22

The essence of Gurban Bayram (Sacrificial Offering Holiday), the devaluation of the Turkish lira (TL, TRY) and the Russian ruble (RUR) and the impact of this process on Azerbaijan, and the situation with the production of sausages are the topics of today's media.

The newspaper Azerbaijan writes about the meaning and essence of the holiday Gurban Bayram. The author narrates about the history of the holiday, going deep into antiquity. He notes that this holiday has another wonderful feature - the absence of religious discrimination. Representatives of other religions can also take advantage of the gifts of the holiday. This is the most solemn holiday of the Muslim world, the author believes.

The Strateq.az website writes that the situation with TL and RUR increases the need for the US dollar in Azerbaijan. The influence of this factor on the financial market of Azerbaijan is discussed by the economist Vugar Bayramov.

According to him, if the relationship between the US and Turkey does not improve, then TL will fall again. As for RUR, the Kremlin is trying to make good use of the existing economic situation.

Washington considers the principle of "cheap dollar, big export" to be relevant, so it is not interested in a sharp rise in the price of the dollar.

Against this background, it seems possible to strengthen the euro. At the same time, the expert believes that starting from the second half of November until the end of the year, the demand for the dollar will grow again.

The website Musavat writes about the situation in the sausage market. The author notes that human meat has been found in the production of the Mortadel factory in Russia, near Moscow.

The head of the Consumers Union Eyub Huseynov believes that 80% of sausage production in Azerbaijan does not have serious control and there is no guarantee that sausages are produced in compliance with the standards here.

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