# Turkish Lira Update: CBRT's Tight Funding Strategy and Its Impact (2026)

> Commerzbank analyst Tatha Ghose says the central bank has kept its one-week repo rate at 37.0% with a 35.5%-40.0% corridor. With the repo window closed since the Iran shock, effective funding sits near the 40% overnight lending rate. Oil-driven inflation pressure is cited as the reason for the cautious stance.

- Date: 2026-11-03 · published 2026-11-03T06:10:30.817Z
- Category: macro · region Turkey · magnitude low
- Page: https://feedsoft.ai/events/77112-turkish-lira-update-cbrt-s-tight-funding-strategy-and-its-impact-2026
- Commodities: [Turkish Lira (TRY per USD)](https://feedsoft.ai/c/USDTRY.md)

## Why it matters

Tight effective funding supports the lira, which lowers the local cost of dollar-priced feed imports. Higher oil-driven inflation risk limits how far the central bank can ease.

## Read by commodity

- USDTRY: bearish ▼

## Sources

- advantagecc.com: https://advantagecc.com/article/turkish-lira-update-cbrt-s-tight-funding-strategy-and-its-impact

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.