Türkiye interest rate: Central Bank of the Republic of Türkiye policy rate
The Central Bank of the Republic of Türkiye policy rate is 36.00%, in force since Oct 23, 2026. Source: Bank for International Settlements, data to Oct 23, 2026. Cut from 37.00% on Oct 23, 2026.
Rate changes
| Since | Policy rate | Change (percentage points) |
|---|---|---|
| Oct 23, 2026 | 36.00% | -1.00 |
| Jan 23, 2026 | 37.00% | -1.00 |
| Dec 12, 2025 | 38.00% | -1.50 |
| Oct 24, 2025 | 39.50% | -1.00 |
| Sep 12, 2025 | 40.50% | -2.50 |
| Jul 25, 2025 | 43.00% | -3.00 |
| Apr 18, 2025 | 46.00% | +3.50 |
| Mar 7, 2025 | 42.50% | -2.50 |
| Jan 24, 2025 | 45.00% | -2.50 |
| Dec 27, 2024 | 47.50% | -2.50 |
| Mar 22, 2024 | 50.00% | +5.00 |
| Jan 26, 2024 | 45.00% | +2.50 |
| Dec 22, 2023 | 42.50% | +2.50 |
| Nov 24, 2023 | 40.00% | +5.00 |
| Oct 27, 2023 | 35.00% | +5.00 |
| Sep 22, 2023 | 30.00% | +5.00 |
| Aug 25, 2023 | 25.00% | +7.50 |
| Jul 21, 2023 | 17.50% | +2.50 |
| Jun 23, 2023 | 15.00% | +6.50 |
| Feb 24, 2023 | 8.50% | -0.50 |
| Nov 25, 2022 | 9.00% | -1.50 |
| Oct 21, 2022 | 10.50% | -1.50 |
| Sep 23, 2022 | 12.00% | -1.00 |
| Aug 19, 2022 | 13.00% | -1.00 |
| Dec 17, 2021 | 14.00% | -1.00 |
| Nov 19, 2021 | 15.00% | -1.00 |
| Oct 22, 2021 | 16.00% | -2.00 |
| Sep 24, 2021 | 18.00% | -1.00 |
| Mar 19, 2021 | 19.00% | +2.00 |
| Dec 25, 2020 | 17.00% | +2.00 |
| Nov 20, 2020 | 15.00% | +4.75 |
| Sep 25, 2020 | 10.25% | +2.00 |
| May 22, 2020 | 8.25% | -0.50 |
| Apr 23, 2020 | 8.75% | -1.00 |
| Mar 18, 2020 | 9.75% | -1.00 |
| Feb 20, 2020 | 10.75% | -0.50 |
| Jan 17, 2020 | 11.25% | -0.75 |
| Dec 13, 2019 | 12.00% | -2.00 |
| Oct 25, 2019 | 14.00% | -2.50 |
| Sep 13, 2019 | 16.50% | -3.25 |
| Jul 26, 2019 | 19.75% | -4.25 |
| Sep 14, 2018 | 24.00% | +6.25 |
| Jun 8, 2018 | 17.75% | +1.25 |
| Jun 1, 2018 | 16.50% | +8.50 |
| Nov 25, 2016 | 8.00% | +0.50 |
| Jan 4, 2016 | 7.50% | — |
Source: Bank for International Settlements (BIS), central bank policy rates, updated daily. The rate shown is the one each central bank uses to signal its policy.
Frequently asked questions
What is the interest rate in Türkiye?
The Central Bank of the Republic of Türkiye policy rate is 36.00% (since Oct 23, 2026).
When did the Central Bank of the Republic of Türkiye last change its policy rate?
On Oct 23, 2026, from 37.00% to 36.00%.
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