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The dollar began the week around 50.16 lira and remained elevated despite a decline in the dollar index. U.S. October payrolls rose by 165,000, well above the 65,000 forecast, and markets raised the priced probability of a 25-basis-point Fed rate hike in December to 81%.
The elevated dollar/lira rate increases the lira cost of imported feed ingredients in Turkey. Expectations of higher U.S. rates may continue to support the dollar, although upcoming U.S. inflation data could shift those expectations.
pusulamalatya.comFiliz YavuzkurtNov 9, 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.
