TCMB Monetary Policy Committee meeting - July 2026
23 July 2026 · All day · Central bank decision · West Asia
Outcome
Turkey's central bank (TCMB) Monetary Policy Committee met on 23 July 2026 (1 Mordad 1405) and held its policy rate (the one-week repo auction rate) at 37% for a fourth consecutive meeting. The overnight lending rate was kept at 40% and the overnight borrowing rate at 35.5%, with the Committee noting energy prices remain volatile and elevated. TCMB decisions matter for Iran markets given Turkey's trade and currency links with Iran.
About this event
- Rate
- 37%
- Previous
- 37%
- Status
- hold
- overnight lending rate
- 40%
- overnight borrowing rate
- 35.5%
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