Loading…

The US dollar traded above 50 Turkish lira for the first time on November 3, 2026, reaching about 49.98 lira in afternoon trading. Commentary compared this with the roughly 1.65 lira equivalent (new lira, after redenomination) of the dollar at the end of 2002, a near 30-fold rise.
A weaker lira raises the cost of imported feed ingredients and energy priced in dollars for Turkish buyers, which can push up local feed costs and inflation expectations.
Not 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.