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Turkey’s BIST-100 index reached a record high in lira terms, while the lira fell to a record low against the dollar and the dollar-denominated iShares MSCI Turkey ETF remained well below its 52-week high. A local rally in bank shares, including after Garanti BBVA announced a share buyback, supported the index, while currency depreciation reduced returns for dollar-based investors.
A weaker lira raises the local-currency cost of imported feed and other dollar-priced commodities. The article describes currency and equity performance rather than a change in agricultural supply or demand.
ainvest.comNov 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.
