The countdown has begun for the eagerly awaited interest rate decision of the Central Bank. The Central Bank (TCMB) had last kept the policy rate at a stable level of 50 percent in line with market expectations. This meant that interest rates remained unchanged for the seventh consecutive month. All eyes are now on the interest rate decision for November. So, when will the Central Bank announce the interest rate decision?
The November interest rate decision meeting of the Central Bank of the Republic of Turkey will be held in the near future. The Monetary Policy Committee will convene under the chairmanship of Fatih Karahan for the eleventh interest rate decision of the year. Here is the date of the TCMB interest rate decision for November 2024… WHEN IS THE CENTRAL BANK INTEREST RATE DECISION? The Central Bank Monetary Policy Committee (MPC) will meet under the chairmanship of Fatih Karahan on November 21st.
The interest rate decision to be announced by the MPC and the messages it will convey will be closely monitored by the markets. TCMB’S LATEST INTEREST RATE DECISION The Central Bank kept the policy rate at the expected level of 50 percent. The Monetary Policy Committee of the Central Bank of the Republic of Turkey kept the policy rate, which is the one-week repo auction interest rate, unchanged at 50 percent for the 7th consecutive time.
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