Central Bank RatesTürkiye policy rate in 2013 (2 changes)
Start of year5.50%
End of year4.50%Dec 31, 2013
Net change-100 bp0 hikes, 2 cuts
Average4.84%
Rank by level9 / 38
Changes in 2013
| Date | From | To | Change |
|---|---|---|---|
| Apr 17, 2013 | 5.50% | 5.00% | cut -50 bp |
| May 17, 2013 | 5.00% | 4.50% | cut -50 bp |
Compared with other areas at the end of 2013
10%
9.5%
7.75%
7.5%
6%
5.5%
5.375%
5%
4.5%
4.5%
4%
4%
3.5%
3.5%
3.25%
3.25%
3%
3%
3%
2.5%
2.5%
2.5%
2.5%
2.25%
2%
2%
1.5%
1%
1%
0.75%
0.5%
0.5%
0.25%
0.125%
0.125%
0.05%
0.05%
-0.1%
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%
2013: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.