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The Central Bank of the Republic of Turkiye will announce its interest rate decision on October 20

The Central Bank will announce the decision of the Monetary Policy Committee on Thursday, October 20. In the previous meeting, the bank had reduced the policy rate by 100 basis points to 12%.

The Central Bank of the Republic of Turkiye (CBRT) Monetary Policy Committee will meet on Thursday, October 20, under the chairmanship of Central Bank Governor Sahap Kavcioglu.

The interest rate decision will be announced at 14:00 on the same day. In the previous meeting, the bank had reduced the policy rate by 100 basis points to 12%.

According to the results of the market expectations survey for the MPC meeting, all economists expect the policy rate to be reduced by 100 basis points to 11%.

Source: Trthaber / Translated by Irem Yildiz

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