Regulatory Alerts2026-03-12
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Summary of the Monetary Policy Committee Meeting (2026-14)
The Monetary Policy Committee decided to keep the policy rate at 37% and maintain the overnight lending and borrowing rates at 40% and 35.5%, respectively. The Central Bank of the Republic of Türkiye suspended one-week repo auctions as of March 2, setting the average funding cost at the overnight lending rate, and initiated Turkish lira-settled foreign exchange forward selling transactions. These actions are part of a tight monetary policy stance maintained until price stability is achieved, with a medium-term inflation target of 5%.
Topics
monetary
fx
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