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2026-01-22

Added 2026-08-04

Monetary Policy Committee Decision No: 2026-01

The Monetary Policy Committee reduced the one-week repo auction rate from 38 percent to 37 percent, the overnight lending rate from 41 percent to 40 percent, and the overnight borrowing rate from 36.5 percent to 35.5 percent. The Committee will maintain a tight monetary policy stance until price stability is achieved and will determine future policy rates based on realized and expected inflation to align with interim targets. Policy decisions will aim to reach a 5 percent inflation target in the medium term within a predictable, data-driven, and transparent framework. The summary of the meeting will be released within five working days.

Turkey

Central Bank of Republic of Turkey

Topics

monetary