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Barclays economist Ercan Ergüzel said in a 3 November note that the Turkish central bank made a technical adjustment in October, raising the lira's monthly depreciation pace against the dollar from 1.6% in September to 1.8%. Barclays does not expect the pace to slow unless global energy prices fall significantly.
A faster lira slide raises the local-currency cost of imported feed ingredients for Turkish buyers and adds dollarization and reserve pressure. Import costs in Turkey are likely to rise.
duyanduysun.comDuyan Duysun Haber MerkeziNov 3, 2026
bloomberght.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.
