Central Bank RatesTürkiye policy rate in 2003 (6 changes)
Start of year44.00%
End of year26.00%Dec 31, 2003
Net change-1800 bp0 hikes, 6 cuts
Average36.044%
Rank by level1 / 36
Changes in 2003
| Date | From | To | Change |
|---|---|---|---|
| Apr 25, 2003 | 44.00% | 41.00% | cut -300 bp |
| Jun 4, 2003 | 41.00% | 38.00% | cut -300 bp |
| Jul 16, 2003 | 38.00% | 35.00% | cut -300 bp |
| Aug 6, 2003 | 35.00% | 32.00% | cut -300 bp |
| Sep 18, 2003 | 32.00% | 29.00% | cut -300 bp |
| Oct 15, 2003 | 29.00% | 26.00% | cut -300 bp |
Compared with other areas at the end of 2003
26%
21.25%
16.5%
16%
12.5%
9%
8%
7.25%
7%
6.75%
6.65%
6.12%
5.31%
5.25%
5.25%
5.2%
5.16%
5%
4.5%
3.75%
3.75%
3.25%
3.25%
2.75%
2.75%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
1.75%
1.25%
1%
0.375%
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%
2003: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.