# Central Bank Reports: Real Effective Exchange Rate Rose 2.66 Points in October

> The Turkish central bank reported that its CPI-based real effective exchange rate index rose 2.66 points in October to 107.76. The lira gained 1.63% against the dollar on average over the month while losing 1.07% against the euro.

- Date: 2026-11-04 · published 2026-11-04T12:10:40.216Z
- Category: macro · region Turkey · magnitude low
- Page: https://feedsoft.ai/events/79656-central-bank-reports-real-effective-exchange-rate-rose-2-66-points-in-october
- Commodities: [Turkish Lira (TRY per USD)](https://feedsoft.ai/c/USDTRY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A stronger real lira makes imported feed ingredients cheaper in Turkish terms but erodes export competitiveness, shaping local demand for imported meal and grain.

## Read by commodity

- EURUSD: neutral
- USDTRY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-11-02 | [Bank Rate increased to 0.50% - November 2017 \| Bank of England – the UK's central bank](https://feedsoft.ai/events/68228-bank-rate-increased-to-0-50-november-2017-bank-of-england-the-uk-s-central-bank.md) | -0.2% | +2.5% |
| EURUSD | 2024-09-12 | [ECB dents traders' hopes for October rate cut](https://feedsoft.ai/events/28527-ecb-dents-traders-hopes-for-october-rate-cut.md) | +0.9% | -0.6% |
| EURUSD | 2024-09-12 | [European Central Bank cuts interest rates again and lowers growth forecasts](https://feedsoft.ai/events/28530-european-central-bank-cuts-interest-rates-again-and-lowers-growth-forecasts.md) | +0.9% | -0.6% |
| EURUSD | 2025-10-30 | [ECB October 2025 rate decision](https://feedsoft.ai/events/22625-ecb-october-2025-rate-decision.md) | -1.5% | -0.5% |
| EURUSD | 2024-07-18 | [European Central Bank holds rates, says domestic price pressures high](https://feedsoft.ai/events/29484-european-central-bank-holds-rates-says-domestic-price-pressures-high.md) | -0.7% | +0.8% |

## Sources

- dunya.com: https://www.dunya.com/ekonomi/merkez-bankasi-acikladi-reel-efektif-doviz-kuru-ekimde-266-puan-yukseldi-haberi-846418

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