Turkey's escalating interest rates are creating serious headwinds for the manufacturing and export industries, according to local business groups. The elevated borrowing costs are squeezing profit margins and making it harder for exporters to remain competitive in global markets. When central banks maintain high rates to combat inflation, the manufacturing sector often pays a heavy price—especially companies relying on external financing for operations and expansion. For traders and investors tracking emerging markets, this kind of economic friction in major economies can ripple through global supply chains and currency movements. The export sector's struggle signals broader economic strain that typically affects both traditional markets and crypto sentiment, as investors reassess risk across different asset classes during periods of economic tightening.