Central Bank RatesTürkiye policy rate in 2019 (4 changes)
Start of year24.00%
End of year12.00%Dec 31, 2019
Net change-1200 bp0 hikes, 4 cuts
Average20.575%
Rank by level1 / 38
Changes in 2019
| Date | From | To | Change |
|---|---|---|---|
| Jul 26, 2019 | 24.00% | 19.75% | cut -425 bp |
| Sep 13, 2019 | 19.75% | 16.50% | cut -325 bp |
| Oct 25, 2019 | 16.50% | 14.00% | cut -250 bp |
| Dec 13, 2019 | 14.00% | 12.00% | cut -200 bp |
Compared with other areas at the end of 2019
12%
7.25%
6.5%
6.25%
5.15%
5%
4.5%
4.25%
4.15%
4%
3%
3%
2.75%
2.5%
2.49%
2.25%
2.25%
2.25%
2.25%
2.25%
2%
1.75%
1.75%
1.625%
1.5%
1.5%
1.25%
1.25%
1%
0.9%
0.75%
0.75%
0.25%
0%
-0.1%
-0.25%
-0.75%
-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%
2019: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.