Turkey Interest Rate Decision will be published in 30 minutes.

Turkey Interest Rate Decision will be published in 30 minutes.

In Turkey, the CBRT will hold its monetary policy council meeting. There is no market consensus regarding rate hike however the Bank should continue to have the tight monetary policy. After having hit a new peak 12.98% in inflation would also urge the Bank to make a move to tighten monetary policy. Late liquidity window rate is currently at 12.25%. There is no rate change expectation in neither marginal lending rate at 9.25% nor one-week repo rate at 8.0%. The market might show us some fluctuation in USDTRY pair after the rate decision.

14 Dec 17 (Thu)

10:34 am



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