The Central Bank of the Republic of Türkiye (CBRT) was announced in October. According to the decision published after the meeting of the Monetary Policy Committee (PPK), the policy interest rate in September has decreased by 250 basic points. The meeting will not take place in November after October. The markets and citizens in the country are waiting for the decision to interest in September of the central bank.
In the interest rate decision of the central bank, it finally decreased. With the decision will be determined in October, the domestic market process will be shaped. In July, the bank made a statement about interest rates. So, when will decide on the interest rate of the central bank?According to the CBRT PPK meeting, the interest rate decision will be announced at 14:00 after the meeting on October 23.The Central Bank of the Republic of Türkiye (CBRT) has reduced policy benefits by 40.5 % by downloading 250 basic points after the meeting on September 11. In September, the Board of Directors also stated that the central bank reduced lending rates from 46 % to 43.5 % and the loan interest rate from 41.5 % to 39 % at night.On July 24, the Central Bank reduced interest rates to 43 % by reducing 300 basic points. Therefore, the central bank has reduced interest rates for the first time since March. In August, the meeting of the Monetary Policy Committee (PPK) has not been organized. On the other hand, there will be no PPK meeting in November.
