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Economists expect no change in Turkey’s interest rates

Turkish Central Bank projected to keep interest rates constant at 19%, Anadolu Agency survey reveals

The Turkish Central Bank is expected to keep interest rates constant this week, an Anadolu Agency survey found on Friday.

Next Thursday, the bank will hold its sixth Monetary Policy Committee meeting this year to announce its decision about interest rates.

All of the 18 economists surveyed by Anadolu Agency forecast no change in interest rates.

The bank kept its one-week repo rate the bank’s policy rate constant at 19% in the last two meetings, after raising it by 200 basis points in April.

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