The Central Bank of Turkey (TCMB) Has Published Its Market Participant Survey: Year-End Inflation and Dollar Forecasts Have Been Revealed!
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The Central Bank of the Republic of Turkey (TCMB) announced the results of its November Market Participants Survey. Year-end inflation expectations rose to 30.04%, while the dollar/TL forecast reached 51.61 lira. Participants' expectations for the dollar 12 months ahead reached 60.77 lira, and the December policy interest rate expectation was 35%. There were no changes in economic growth forecasts. 🚆
The Central Bank's November survey raised year-end inflation expectations to 30.04 percent. The dollar is expected to reach 51.61 TL by the end of the year and 60.77 TL in 12 months. The market anticipates a policy rate cut to 35 percent in December. The article "Market's dollar expectation for 12 months ahead exceeds 60 TL" first appeared on TR724.
The expected year-end consumer price index (CPI) inflation rate increased from 29.63 percent in the previous survey period to 30.04 percent in this survey period. The expected year-end exchange rate (USD/TRY) increased from 51.55 TRY in the previous survey period to 51.61 TRY in this survey period.
According to the Central Bank of the Republic of Turkey's (TCMB) November Market Participants Survey, the year-end increase expectation for the Consumer Price Index (CPI) rose from 29.63 percent to 30.04 percent. The TCMB published its November Market Participants Survey, conducted with 70 participants consisting of representatives from the real and financial sectors and professionals. Accordingly, the expected CPI increase for October, which wa…
In the Central Bank's November 2026 Market Participants Survey, inflation and dollar exchange rate expectations rose. The year-end inflation forecast increased from 29.63% to 30.04%, while the 12-month dollar expectation rose from 59.26 TL to 60.77 TL. Market participants expect the policy interest rate to fall to 35% in December.
The Central Bank of the Republic of Turkey (TCMB) announced the results of its November Market Participants Survey. According to the survey, the year-end inflation expectation rose to 30.04 percent, and the dollar/TL expectation increased to 51.61 lira.
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