CYPRUS MIRROR
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Turkey’s Central Bank Cuts Policy Rate to 45%

Turkey’s Central Bank Cuts Policy Rate to 45%

The Central Bank of the Republic of Turkey (TCMB) announced its first interest rate decision of 2025, lowering the policy rate by 250 basis points to 45%.

Publish Date: 23/01/25 13:31
reading time: 1 min.
Turkey’s Central Bank Cuts Policy Rate to 45%
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The Central Bank of the Republic of Turkey (TCMB) announced its first interest rate decision of 2025, lowering the policy rate by 250 basis points to 45%.

Market analysts widely anticipated the reduction to 45%.

In December, the Central Bank had similarly cut the policy rate by 250 basis points, reducing it to 47.5%, marking the first rate cut in 22 months.

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