Regulatory Alerts2026-04-22
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Summary of the Monetary Policy Committee Meeting (2026-19)
The Monetary Policy Committee of the Central Bank of the Republic of Türkiye decided to maintain the one-week repo auction rate at 37%, the overnight lending rate at 40%, and the overnight borrowing rate at 35.5%. The Committee affirmed that the tight monetary policy stance will be sustained until price stability is achieved, with a commitment to tighten the stance in the event of significant and persistent deterioration in the inflation outlook. Additionally, the CBRT revoked exemptions for earthquake zone loans and narrowed the scope of exempt tradesmen loans under the TRY loan growth-based reserve requirement regulation.
Topics
monetary
credit
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