# Turkish currency breaks the floor: dollar costs more than 50 lira for the first time

> The Turkish lira weakened past 50 per US dollar for the first time, trading near 50.02 in Istanbul on November 4. The currency has lost more than 18% against the dollar over the past year, and the central bank cut its policy rate by 1 percentage point to 36% in October.

- Date: 2026-11-04 · published 2026-11-04T15:11:02.890Z
- Category: macro · region Turkey · magnitude low
- Page: https://feedsoft.ai/events/79958-turkish-currency-breaks-the-floor-dollar-costs-more-than-50-lira-for-the-first
- Commodities: [Turkish Lira (TRY per USD)](https://feedsoft.ai/c/USDTRY.md)

## Why it matters

Lira depreciation raises the local-currency cost of imported feed ingredients for Turkish buyers, but it is a currency story with no direct effect on global feed commodity prices.

## Read by commodity

- USDTRY: bearish ▼

## Sources

- kp.ru: https://www.kp.ru/online/news/7256111/

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