Central Bank RatesTürkiye policy rate in 2002 (5 changes)
Start of year–
End of year44.00%Dec 31, 2002
Net change–0 hikes, 5 cuts
Average47.986%
Rank by level1 / 34
Changes in 2002
| Date | From | To | Change |
|---|---|---|---|
| Mar 14, 2002 | 57.00% | 54.00% | cut -300 bp |
| Apr 8, 2002 | 54.00% | 51.00% | cut -300 bp |
| Apr 30, 2002 | 51.00% | 48.00% | cut -300 bp |
| Aug 5, 2002 | 48.00% | 46.00% | cut -200 bp |
| Nov 11, 2002 | 46.00% | 44.00% | cut -200 bp |
Compared with other areas at the end of 2002
44%
25%
21%
15.22%
13.5%
9.5%
8.9%
8.5%
8.25%
7.5%
7%
6.75%
6.5%
5.75%
5.63%
5.31%
5.25%
5%
4.75%
4.25%
4%
3.75%
3.25%
3.25%
3%
2.95%
2.75%
2.75%
2.75%
2.75%
2%
1.75%
1.25%
0.75%
Year-end rate over time
37%
38%
47.5%
42.5%
9%
14%
17%
12%
24%
8%
8%
7.5%
8.25%
4.5%
5.5%
5.75%
6.5%
6.5%
15%
15.75%
17.5%
13.5%
18%
26%
44%
2002: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.