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The real value of the Turkish lira rose in October to its highest level in about 6.5 years. Economist Nuri Sevgen said the lira is overvalued and needs to adjust over time, but he does not expect a sharp move in the short term.
The lira's monthly depreciation pace has risen to about 1.8%.
A strong real exchange rate squeezes Turkish exporters and tourism companies, but it has no direct effect on feed commodity supply or prices. Any sharp lira move would matter mainly for Turkish import costs.
ekonomipolitikasi.com.trEkonomi Politikası Editör EkibiNov 5, 2026Not 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.
