# USD/TRY reference stays above 50 as Turkish inflation reaches 29.77%

> The Central Bank of the Republic of Türkiye’s indicative dollar selling rate was TRY50.0724 on 6 November. October consumer prices rose 2.58% month on month, taking annual inflation to 29.77%, slightly above September’s rate.

- Date: 2026-11-07 · published 2026-11-08T00:12:24.568Z
- Category: macro · region Türkiye · magnitude low
- Page: https://feedsoft.ai/events/86674-usd-try-reference-stays-above-50-as-turkish-inflation-reaches-29-77
- Commodities: [Turkish Lira (TRY per USD)](https://feedsoft.ai/c/USDTRY.md)

## Why it matters

Persistent inflation and a weak lira can raise the cost of imported feed grains and other inputs for Turkish buyers. The exchange-rate move is bullish for USD/TRY, increasing import costs in lira.

## Read by commodity

- USDTRY: bullish ▲

## Sources

- fxnews.ai: https://fxnews.ai/news/usd-try-selling-above-50-inflation-29-77/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.