Central Bank RatesTürkiye policy rate in 2022 (4 changes)
Start of year14.00%
End of year9.00%Dec 30, 2022
Net change-500 bp0 hikes, 4 cuts
Average12.883%
Rank by level6 / 38
Changes in 2022
| Date | From | To | Change |
|---|---|---|---|
| Aug 19, 2022 | 14.00% | 13.00% | cut -100 bp |
| Sep 23, 2022 | 13.00% | 12.00% | cut -100 bp |
| Oct 21, 2022 | 12.00% | 10.50% | cut -150 bp |
| Nov 25, 2022 | 10.50% | 9.00% | cut -150 bp |
Compared with other areas at the end of 2022
13.75%
13%
12%
11.25%
10.5%
9%
7.5%
7.5%
7%
7%
6.75%
6.75%
6.25%
6%
5.5%
5.5%
5%
5%
4.75%
4.75%
4.375%
4.25%
4.25%
3.65%
3.5%
3.5%
3.25%
3.25%
3.1%
2.75%
2.75%
2.5%
2.5%
2.5%
1.75%
1.25%
1%
-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%
2022: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.