Financial institutions and AI models generally project continued Lira depreciation through 2026, though some expect a controlled pace due to tighter monetary policies. Institution / Source End-2026 Forecast (USD/TRY) Outlook Summary Gradual depreciation path Goldman Sachs Structural depreciation pressures S&P Global Ratings Cautious; depends on reforms JPMorgan Sustained pressure from policy risks Barclays Inflation-stabilization tool ING Controlled, orderly depreciation Deutsche Bank Bearish; weakening carry trade Exchange Rates UK Firming dollar trend Long Forecast Quantitative weakening Key Factors Affecting the Exchange Rate
The pair reached an all-time high of 45.26 in May 2026. 1 USD equals TRY 42.99 As of May 7, 08:26 GMT-3 • Disclaimer May 7, 2026 2026-2027 Dollar Forecast Summary dollar ceviri
Turkish inflation is projected to decline toward the 13–19% range by year-end 2026, but underlying price pressures remain in the services and energy sectors. The CBRT's use of foreign exchange reserves and
The CBRT's use of foreign exchange reserves and interest rate adjustments remains a primary tool for cushioning the Lira against global market volatility. Best Tools for Dollar Conversion orderly depreciation Deutsche Bank Bearish