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Barclays economist Ercan Ergüzel said the Turkish central bank made a technical adjustment in October, raising the monthly lira depreciation pace to 1.8% from 1.6% in September. Barclays expects faster depreciation to continue unless global energy prices fall significantly, and dollar/lira traded near 49.95 on October 30.
Continued lira weakness raises the local cost of imported feed ingredients and may push Turkish buyers toward dollarization, while energy prices remain a key input for the outlook.
paraajansi.com.trSüheyla AvsanNov 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.
