Central Bank RatesTürkiye policy rate in 2018 (3 changes)
Start of year8.00%
End of year24.00%Dec 31, 2018
Net change+1600 bp3 hikes, 0 cuts
Average15.50%
Rank by level1 / 38
Changes in 2018
| Date | From | To | Change |
|---|---|---|---|
| Jun 1, 2018 | 8.00% | 16.50% | hike +850 bp |
| Jun 8, 2018 | 16.50% | 17.75% | hike +125 bp |
| Sep 14, 2018 | 17.75% | 24.00% | hike +625 bp |
Compared with other areas at the end of 2018
24%
8.25%
7.75%
6.75%
6.5%
6.5%
6%
4.75%
4.5%
4.35%
4.25%
3.25%
3%
3%
3%
2.75%
2.75%
2.75%
2.5%
2.5%
2.375%
2.25%
1.75%
1.75%
1.75%
1.75%
1.75%
1.5%
1.5%
0.9%
0.75%
0.75%
0.25%
0%
-0.1%
-0.5%
-0.65%
-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%
2018: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.