# Turkish lira breaches 50 per dollar to record low

> 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.

- Date: 2026-11-03 · published 2026-11-04T00:15:35.010Z
- Category: macro · region Turkey · magnitude low
- Page: https://feedsoft.ai/events/78650-turkish-lira-breaches-50-per-dollar-to-record-low
- Commodities: [Turkish Lira (TRY per USD)](https://feedsoft.ai/c/USDTRY.md)

## Why it matters

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.

## Sources

- en.hathalyoum.net: https://en.hathalyoum.net/articles/304852

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.