Central Bank of the Republic of Türkiye Interest Rate Decisions 2024–2025

Central Bank of the Republic of Türkiye (CBRT) determines its policy rate, one of the monetary policy instruments used to achieve price stability and combat inflation, through meetings of the Monetary Policy Committee (MPC).

The MPC convenes on specific dates throughout the year to decide whether to maintain, increase, or decrease the policy rate, defined as the one-week repo auction rate, based on the current economic outlook, inflation forecasts, domestic and external demand conditions, exchange rate developments, and global financial conditions.

In 2024 and 2025, the CBRT’s interest rate policy was shaped by objectives including bringing inflation under control, preserving financial stability, and balancing domestic demand. During this period, the CBRT guided monetary policy through a series of interest rate hikes and cuts.

2024 CBRT Interest Rate Decisions

2025 CBRT Interest Rate Decisions