CBRT Interest Rate Decision

The Central Bank of the Republic of Turkey announces the interest rate policy. This interest rate tends to affect the exchange rate. If the Bank is hawkish about the inflationary outlook of the economy and rises the interest rate then it is positive, or bullish, for the TRY. Likewise if the TCMB has a dovish view on the Turkish economy and keeps the ongoing interest rate or cuts the interest rate then it is negative, or bearish.

Most recent - Thursday 17 October 2024 11:00

Previous
50%
Forecast
50%
Actual
50%

Next event - Thursday 21 November 2024 11:00

Previous
50%
Forecast
50%
Actual
-

The typical/expected impact on TRY pairs is medium.

The consensus forecast for CBRT Interest Rate Decision is 50%. A higher value than forecast tends to be bullish for TRY/xxx pairs and bearish for xxx/TRY pairs.

Trading range

Forecast history

The most recent announced value for CBRT Interest Rate Decision was 50% against a forecast of 50%.

Past events

Date
Forecast
Actual
Thursday 17 October 2024 11:00
50%
50%
Thursday 19 September 2024 11:00
50%
50%
Tuesday 20 August 2024 11:00
50%
50%
Tuesday 23 July 2024 11:00
50%
50%
Thursday 27 June 2024 11:00
50%
50%
Thursday 23 May 2024 11:00
50%
50%
Thursday 25 April 2024 11:00
50%
50%
Thursday 21 March 2024 11:00
45%
50%
Thursday 22 February 2024 11:00
45%
45%
Thursday 25 January 2024 11:00
45%
45%
Thursday 21 December 2023 11:00
42.5%
42.5%
Thursday 23 November 2023 11:00
37.5%
40%
Thursday 26 October 2023 11:00
35%
35%
Thursday 21 September 2023 11:00
30%
30%
Thursday 24 August 2023 11:00
20%
25%
Thursday 20 July 2023 11:00
20%
17.5%
Thursday 22 June 2023 11:00
21%
15%
Thursday 25 May 2023 11:00
8.5%
8.5%
Thursday 27 April 2023 11:00
-
8.5%
Thursday 23 March 2023 11:00
8.5%
8.5%
Thursday 23 February 2023 11:00
8.5%
8.5%
Thursday 19 January 2023 11:00
9%
9%
Thursday 22 December 2022 11:00
-
9%
Thursday 24 November 2022 11:00
9%
9%
Thursday 20 October 2022 11:00
11%
10.5%
Thursday 22 September 2022 11:00
13%
12%
Thursday 18 August 2022 11:00
14%
13%
Thursday 21 July 2022 11:00
14%
14%
Thursday 23 June 2022 11:00
14%
14%
Thursday 26 May 2022 11:00
14%
14%
Thursday 14 April 2022 11:00
14%
14%
Thursday 17 March 2022 11:00
14%
14%
Thursday 17 February 2022 11:00
14%
14%
Thursday 20 January 2022 11:00
14%
14%
Thursday 16 December 2021 11:00
14%
14%

About CBRT Interest Rate Decision

Country:Turkey
Currency:TRY
Source:Central Bank of the Republic of Turkey
Category:Interest Rates
Frequency:Monthly
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