Central Bank of Türkiye Republic ( CBT), the June interest rate, which investors are eagerly waiting for. percentageRaised it to level 15.
Treasure And Finance Minister Mehmet LightningAnd CBT head memory Purpose ErkanIn the new economic processes that started with the accompaniment of the new economy, the first move on interest was eagerly awaited. LightningAnd Erkan‘s economic approach, of the CBTrevealed the expectations for an increase in the policy rate.
LightningAnd Erkancarried out under the management first rate decisionthe one which… CBT Junein policy interest, the result is to the level of 15 percenthas risen.
CBRT Raised Policy Rate for June 2023!
April 2021since CBT did not prefer to raise the policy rate. Survivor After 26 interest rate decisions CBT, June 2023by raising the policy rate by 650 points to the level of 15 percentraised.
CBTMonetary Policy Committee ( PPK), Centre base head memory Purpose Erkan held a meeting with him. The decision made after this meeting was to increase the policy rate in June.
As a result of the CBRT’s meeting, the interest rate remained below the market expectation of 20 percent. The CBRT shared the meeting result as follows;
The Monetary Policy Committee (Committee) decided to increase the one-week repo auction rate, which is the policy rate, from 8.5 percent to 15 percent.
The Board decided to start the monetary tightening process in order to establish disinflation as soon as possible, to anchor inflation expectations and to control the deterioration in pricing behavior.
CBT With the new interest rate move, it also signaled that it has entered a period of monetary tightening. Moreover CBTinflation in the medium term to the 5 percent target.in order to achieve parasak will continue to tightenexplained.
