Despite the drought, dairy exports have held up remarkably well, sitting at around similar levels to last year.4 However, with production well down on last year, some easing in dairy exports seems likely going forward. Further, it is unlikely that production will ever fully recover to pre-drought levels.
Second, even if the weakening of the dinar would support the competitiveness of the 4/6  BIS central bankers' speeches  domestic economy, this would be only in the short run.