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Turkey One-Week Repo Rate

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Turkey One-Week Repo Rate

Frequency

Delivery Method

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Status

 
Latest Release
Sep 22, 2022
Actual
12.00%
Forecast
13.00%
Previous
13.00%
The Central Bank of the Republic of Turkey's (CBRT) Monetary Policy Committee votes on where to set the overnight interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the TRY, while a lower than expected rate is negative/bearish for the TRY.
Importance:
Country:
Currency: TRY
Source: Central Bank of the Republic o...
Turkey One-Week Repo Rate
 
Release Date Time Actual Forecast Previous
Oct 20, 2022 (Oct) 07:00     12.00%
Sep 22, 2022 (Sep) 07:00 12.00% 13.00% 13.00%
Aug 18, 2022 (Aug) 07:00 13.00% 14.00% 14.00%
Jul 21, 2022 (Jul) 07:00 14.00% 14.00% 14.00%
Jun 23, 2022 (Jun) 07:00 14.00% 14.00% 14.00%
May 26, 2022 (May) 07:00 14.00% 14.00% 14.00%

News

Turkish Inflation Rate Rises to Highest Since 1998
Turkish Inflation Rate Rises to Highest Since 1998 By Investing.com - Oct 03, 2022

By Scott Kanowsky  Investing.com -- The rate of inflation in Turkey rose to its highest mark since 1998 in September, according to data from the Turkish Statistical Institute, extending a recent...

Turkish Lira Weakens to Record Low Ahead of Rates Meeting
Turkish Lira Weakens to Record Low Ahead of Rates Meeting By Bloomberg - Sep 22, 2022 1

(Bloomberg) -- Turkey’s lira tumbled to a record low ahead of the central bank’s rates meeting later on Thursday, with some analysts expecting another cut following August’s surprise reduction.  The...

Weekly Comic: The Great Central Bank Test of Strength
Weekly Comic: The Great Central Bank Test of Strength By Investing.com - Sep 20, 2022

By Geoffrey Smith  Investing.com -- Central bankers may not want to see it this way, but this week’s round of policy meetings is boiling down to a brute test of strength. Whose economy is strong...

One-Week Repo Rate Discussion

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