Published on · in the22 October 2026 issue
The dollar stood at 49.62 lira and the euro at 55.95 lira on the morning of 22 October (07:15 Istanbul time).
The Central Bank of the Republic of Türkiye announces its policy rate decision today at 14:00. The current rate is 37%, and market expectations lean towards a 100 basis-point cut to 36%. The actual outcome becomes official only after the announcement.
Why it matters to investors:The exchange rate sets the dollar value of property priced in lira, and the citizenship threshold is set in dollars (400,000), while the rate decision affects the cost of property financing within Türkiye.
Source
- Ekonomim: exchange rate(opens in a new tab)
- Memurlar.net: rate decision(opens in a new tab)
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Summary written by Massar Vadi Real Estate in our own words, based on the source cited; figures are as published by the source on its date. For general information only; not investment or legal advice.