Loading…
The Central Bank of Türkiye's Monetary Policy Committee kept its one-week repo rate at 50%. The bank said underlying inflation improved in October and domestic demand is slowing, but unprocessed food inflation remains high.
Holding rates at 50% keeps the lira's financing costs high for Turkish importers, including feed and grain buyers. The effect on global grain or oilseed prices is limited.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.