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The Turkish lira lost about 21% on an annualized basis in October, according to MUFG's November FX outlook, with the dollar/lira rising from 49.016 to 49.945 over the month. The dollar traded near 49.99 on November 3, while the lira's weakness is tied to higher energy costs and a domestic investment fund scandal.
Lira depreciation raises the local-currency cost of imported feed ingredients for Turkish buyers, and rising energy costs add to the pressure on feed and farm input prices.
yatirimmasasi.comNov 3, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
