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 agency kept Türkiye's BB- credit rating and stable outlook. Fitch said foreign exchange reserves have risen by 25 billion dollars since April to reach 176 billion dollars as of September 23, and warned that high inflation, pre-election policy risks and possible capital outflows could put pressure on reserves.