Tag: Interest rate

Policy rate stays on course at 19%, in line with expectations.

Bank to continue setting policy rate above realized, expected inflation throughout disinflation process.

Bank raises 1-week repo rate, also known as policy rate, 200 basis points from 17% to 19%.

Bank's policy rate stands at 17%, according to statement.

President Recep Tayyip Erdoğan said Thursday Turkey will take further action to prevent fluctuation in foreign exchange rates.