Turkey Turkey Central Bank key rates

Subscribe to our free email alert service

Turkey INTEREST RATES

Turkey rises its interest rates

Turkey has increased its interest rates by 2 percentage points, from 17% to an annual rate of 19%.

The key rates a tool used by Central Banks to implement monetary policy.

An increase in interest rates is used to slow down inflation and protect the currency.

This change is the first to have taken place since on December25th 2020, when the Central Bank increased interest rates by 2 percentage points to 17%.

Here we show you the progression of interest rates in Turkey. You can see interest rates in other countries in interest rates and see all the economic information about Turkey in Turkey economy.

Turkey - Key rates
DateKey rates
03/19/202119.00%
12/25/202017.00%
11/20/202015.00%
09/25/202010.25%
05/22/20208.25%
04/23/20208.75%
03/18/20209.75%
02/20/202010.75%
01/17/202011.25%
12/13/201912.00%
10/25/201914.00%
09/13/201916.50%
07/26/201919.75%
09/14/201824.00%
06/08/201817.75%
06/01/201816.50%
11/25/20168.00%
02/25/20157.50%
01/21/20157.75%
07/18/20148.25%
06/25/20148.75%
05/23/20149.50%
01/29/201410.00%
05/17/20134.50%
04/17/2013500.00%
12/19/20125.50%
08/05/20115.75%
01/21/20116.25%
12/17/20106.50%
05/20/20107.00%
11/19/20096.50%
10/15/20096.75%
09/17/20097.25%
08/19/20097.75%
07/17/20098.25%
06/17/20098.75%
Turkey - Key rates