Türkiye’s central bank raises discount rate

Tokyo, 26 January, /AJMEDIA/

Central Bank of Türkiye has announced its first decision on the discount rate this year, AJMEDIA reports, referring to Turkish media.

The Central Bank raised the discount rate from 42.5% to 45%.

Previously, the bank raised the discount rate from 40% to 42.5%.

Türkiye Central Bank Discount Rate data was reported at 43.250 % pa in 2023. This records an increase from the previous number of 9.750 % pa for 2022. Türkiye Central Bank Discount Rate data is updated yearly, averaging 25.500 % pa from Dec 1970 to 2023, with 54 observations.

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