Fitch: Dollar to be 51 liras by end-2026, 60 by end-2027
Fitch Ratings forecast the dollar/TL to rise to 51 by end-2026 and 60 by end-2027. It also announced its year-end inflation forecast at 30.5 percent for 2026 and 23.5 percent for 2027.
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Fitch Ratings forecast the dollar/TL to rise to 51 by end-2026 and 60 by end-2027. It also announced its year-end inflation forecast at 30.5 percent for 2026 and 23.5 percent for 2027.
The Energy Market Regulatory Authority (EPDK) has allowed storage capacity above the agreed power at electric vehicle charging stations. The regulation aims to expand high-power charging infrastructure.
JPMorgan expects the Central Bank (TCMB) to cut the policy rate by 100 basis points at each of its October and December meetings, bringing it to 35 percent by year-end.
The Presidency's Directorate of Communications' Center for Combating Disinformation (DMM) announced that posts claiming a mileage-based tax would be introduced for electric vehicles do not reflect the truth.
The eşel mobil system will end on October 1 and a 12.48 lira hike per liter will be reflected on gasoline. After the hike, the price will exceed 90 lira, approaching 93 lira in Istanbul.
70% of EspressoLab was sold to UAE-based Mair Group. Approval from regulatory authorities in Türkiye and the UAE is awaited for the completion of the sale.
In an operation across five provinces centred on Ankara, eight suspects were detained for collecting approximately 90 million lira from 17 people by presenting a TOKİ-owned plot as a cooperative's. One fugitive suspect is wanted.
Netflix's executive in charge of global relations said at the 19th Türkiye Investment Conference in New York that the company had finalized its 10 billion lira investment plan for Türkiye. Its location and scope have not yet been announced.
Agriculture and Forestry Minister İbrahim Yumaklı said this year's crop production forecast has exceeded 140 million tons, the highest figure in the history of the Republic. Yumaklı also noted that Türkiye ranks 7th globally in agricultural output.
The bills submitted to the Grand National Assembly (TBMM) for gradual retirement have not yet been enacted. There is no new gradual retirement schedule in force.
The Trade Ministry is preparing a change to the Electronic Listing Verification System (EİDS). In addition to authorizing a real estate agency via e-Government, it plans to require the authorization contract to be added to the system and to automatically remove listings when the contract ends.
Agriculture and Forestry Minister İbrahim Yumaklı said signatures have been signed for a $5.3 billion financing package. He made the statement at a press meeting in Edirne.
The subsidised electricity consumption limit for households is set to be reduced from 4,000 kilowatt-hours to 3,500 kilowatt-hours in 2027. The new limit is expected to be announced in October.
BBP Chairman Mustafa Destici said the government is considering a 5,000 lira flat raise on top of the inflation difference for pensions in January. Destici stated that this increase would not satisfy 17 million pensioners.
The World Bank's Executive Directors approved the Türkiye Agricultural Food Sector Transformation Project. The amount to be provided is $750 million, and in 2026 long-term external financing for all sectors will exceed $9 billion.
In the first eight months of 2026, total automotive production fell by 7 percent and car production by 19 percent. Total automotive exports also decreased by 12 percent.
A price increase of approximately 2 lira 55 kuruş was applied to the liter price of diesel as of midnight. Diesel rose to 93.50 lira on Istanbul's European side.
With the amendment to the Remote Working Regulation, the days and working hours an employee will work on-site and remotely will be specified in the employment contract. The regulation was published in the Official Gazette and entered into force.
TPAO applied to obtain an operating license for the oil-bearing land discovered in its oil exploration license area in the Black Sea. The decision was published in the Official Gazette.
The regulation change prepared by the Ministry of Labour and Social Security was published in the Official Gazette. Accordingly, it will be possible to decide that part of the work is carried out at the workplace and the other part through remote work.
A cooperation protocol was signed between the Izmir Chamber of Commerce and the Eastern Norway Chamber of Commerce and Industry in the field of aquatic products.
TURKA, which will take over vehicle inspection services in 2027, announced that it will begin new-generation station investment at more than 40 points in October.
The Treasury and Finance Ministry completed the issuance of a $1.5 billion sustainable bond maturing January 30, 2037. The coupon rate was 7.5% and the yield rate 7.65%; the proceeds will be credited to accounts on September 30.
Treasury and Finance Minister Mehmet Şimşek said the resignation claims were baseless. The Presidency's Directorate of Communications Disinformation Combat Center announced that a judicial process is being carried out against those who spread these claims.