# Real effective exchange rate index rose quickly in October

> The Central Bank of Turkey reported that its CPI-based real effective exchange rate index rose 2.66 points to 107.76 in October, and the PPI-based index rose 1.67 points to 102.90. The lira's real value reached its highest level since February 2020.

- Date: 2026-11-04 · published 2026-11-04T15:11:02.615Z
- Category: macro · region Turkey · magnitude low
- Page: https://feedsoft.ai/events/79955-real-effective-exchange-rate-index-rose-quickly-in-october
- Commodities: [Turkish Lira (TRY per USD)](https://feedsoft.ai/c/USDTRY.md)

## Why it matters

A stronger real lira makes imports relatively cheaper for Turkish buyers, a mild macro factor for feed ingredient purchase costs, with no direct effect on global grain or meal prices.

## Sources

- cnbce.com: https://www.cnbce.com/veriler/reel-efektif-doviz-kuru-endeksi-ekimde-hizli-yukseldi-h41015

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