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The CBRT's CPI-based real effective exchange rate rose to 107.76 in October, its highest since February 2020. The three-month underlying trend inflation measure held flat at 1.8%.
The article also notes that January Brent futures fell 8.7% on 4 November.
A strong lira makes Turkish exports to the euro area more expensive, which affects trade flows but has little direct effect on global feed prices. The article's main point is about inflation and monetary policy.
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.