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The Turkish lira hit a record low, breaching 50 per dollar for the first time. The move followed October inflation of 29.8% year on year, above the 29.5% forecast, with monthly consumer prices up 2.58%.
Borsa Istanbul fell as much as 1% and two- and ten-year bond yields rose.
Currency weakness and inflation in Turkey raise the local-currency cost of imported feed grains and meals, which can squeeze Turkish feed buyers. The effect on global grain and oilseed prices is limited.
en.hathalyoum.netNov 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.
