Economists expect Turkish lira/dollar parity to be 2.9943 at the end of the year. According to the October 2015 Expectation Survey conducted by the Central Bank of the Republic of Turkey (CBRT), while decreasing the forecasts for TL/dollar parity for the current year, economists have increased their estimates for inflation to 8.25 percent from 7.98 percent.
The inflation estimate for October also increased from 1.20 percent to 1.26 percent in the survey, which is conducted with the participation of 69 experts. However, the experts said that inflation would be 0.48 percent in November, which was forecast to be 0.51 percent in the previous survey. December's inflation is also expected to become 0.25 percent.
On the other hand, whereas the year-end anticipation of TL/dollar parity was 3.0414 in the previous polls, in this poll period, the anticipation lowered the parity to 2.9943. While the foreign currency expectation for the post-12 month period was, in the previous poll period, 3.1457, in this poll period, it was revised to 3.1200.
