Lira

24

Oct 2026
CBRT cuts rates again as it flags economic weakness, fuelling lira slide and USD/TRY upside

CBRT cut rates 100bp to 36%, signaling easing despite oil-driven inflation risks; traders eye weakening lira.

22

Oct 2026
Turkey’s central bank seen cutting rates to 35% by year-end as inflation outlook cools

Turkey’s central bank may cut rates to 36%, targeting 29% inflation, amid demand risks and TRY carry trades.

6

Oct 2026
Turkey inflation drops below 30%, bolstering rate-cut bets as lira support masks pressure

Turkey’s September CPI fell below 30%, boosting rate-cut odds; lira stability looks artificial, USD/TRY pressure.

5

Oct 2026
Turkey PPI Inflation Cools in September, Easing Pressure on Central Bank’s Tight Policy

Turkey’s PPI rose 2.07% in September, signaling easing cost pressures and potential relief for rates, markets.

10

Sep 2026
Turkey industrial output decline eases in July, bolstering case for higher-for-longer interest rates

Turkey’s July industrial output fell 0.3% year-on-year, improving from June’s 1.4% decline, signaling resilience.

5

Sep 2026
CBRT Liquidity Normalisation Pulls TLREF to Policy Rate as Markets Price Year-End Cuts

CBRT liquidity normalization pulls TLREF to 37%; ING expects steady September, then two cuts to 35%, easing yields.

3

Sep 2026
Turkey inflation eases to 31.51% in August, undershooting forecasts and shaping rate-cut expectations

Turkey’s August inflation eased to 31.51%, under forecasts, strengthening odds of future rate cuts and trading opportunities.

27

Aug 2026
Turkish Lira Slips Past 48.10 as Inflation Expectations Outrun Central Bank Forecast

Turkey inflation momentum stays above 2% monthly; expectations rise to 29.5%, pressuring lira and boosting USD/TRY hedges.

4

Aug 2026
Turkey’s trade deficit widens to $10.4bn, reinforcing lira vulnerability despite 50% rates

Turkey’s June trade deficit widened to $10.4bn, imports outpacing exports, keeping lira vulnerable despite tightening.

24

Jul 2026
Türkiye’s central bank holds policy rate at 37% as tight liquidity keeps effective funding near 40%

Türkiye’s central bank held policy at 37%, keeping effective funding near 40%, boosting carry trades amid inflation risks.

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