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The Turkish lira traded near 50 per US dollar in November 2026, a fresh record low, as authorities kept depreciation controlled and intervened in FX markets. The central bank cut its benchmark rate by 100 basis points to 36% in October, and inflation edged up to 29.77%.
A weak lira keeps Turkish import costs for feed ingredients high, and carry-trade flows make the currency vulnerable to sharp moves. Analysts still expect further easing, which limits support for the lira.
squawknews.comSquawkNews DeskNov 3, 2026
tr.tradingeconomics.comJoana TabordaNov 3, 2026
tradingview.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.
