Central Bank RatesTürkiye policy rate in 2004 (4 changes)
Start of year26.00%
End of year18.00%Dec 31, 2004
Net change-800 bp0 hikes, 4 cuts
Average21.849%
Rank by level1 / 36
Changes in 2004
| Date | From | To | Change |
|---|---|---|---|
| Feb 5, 2004 | 26.00% | 24.00% | cut -200 bp |
| Mar 17, 2004 | 24.00% | 22.00% | cut -200 bp |
| Sep 8, 2004 | 22.00% | 20.00% | cut -200 bp |
| Dec 20, 2004 | 20.00% | 18.00% | cut -200 bp |
Compared with other areas at the end of 2004
18%
17.75%
17%
13%
10%
9.5%
8.75%
8.5%
7.92%
7.5%
6.75%
6.5%
6.5%
6.5%
6%
5.58%
5.25%
4.75%
4.75%
3.75%
3.7%
3.25%
3.25%
3%
2.7%
2.5%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
2%
1.75%
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%
2004: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.