# Turkish lira's real value hits highest since February 2020

> The Central Bank of the Republic of Türkiye reported its real effective exchange rate index based on consumer prices rose to 107.76 in October, the highest since February 2020. The producer-price-based index rose to 102.90, and the lira gained 1.63% against the US dollar on a monthly average basis.

- Date: 2026-11-04 · published 2026-11-05T00:11:59.755Z
- Category: macro · region Turkey · magnitude low
- Page: https://feedsoft.ai/events/80732-turkish-lira-s-real-value-hits-highest-since-february-2020
- Commodities: [Turkish Lira (TRY per USD)](https://feedsoft.ai/c/USDTRY.md)

## Why it matters

A stronger real lira raises the cost of Turkish exports and can weigh on domestic feed and grain import prices in lira terms. It is a currency and inflation signal with little direct effect on feed commodity prices.

## Sources

- macroherald.com: https://www.macroherald.com/turkish-liras-real-value-hits-highest-since-february-2020/

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