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Central Bank of Turkey: TRY policy rate

Policy rate set by Central Bank of Turkey (Turkey) · as of 16 Oct 2026
How this is computed

Kresmion dates the last change from the stored policy-rate series (to the day inside the daily window, else to the month), computes the 12-month net change between two month-end levels, and lists a Polymarket market only when its question names this bank and its policy rate. Nothing here is a forecast by Kresmion.

  • The rate is the level the bank has set, from the BIS policy rate series or, where that series has stalled or lags a fresh decision, from the bank's own published register (named in the first figure).
  • BIS publishes policy rates with a lag of several days. A decision made this week may not show yet, except where a fresher official source is wired (marked in the Source column).
  • The 12-month cycle is the net change between the month-end level 12 months ago and the level now: positive is hiking, negative is cutting, zero is on hold. The counts are the changes recorded inside that window; a month-precision change can net several decisions made in one month.
  • The next scheduled decision is shown only where Kresmion holds the bank's own calendar (the Federal Reserve's FOMC calendar). For other banks it reads "not published" and the bank's calendar is linked.
  • A Polymarket market is listed here only when its question names this bank and is about its policy rate. Prices are crowd prices, not a forecast by Kresmion.
TRY
Central Bank of Turkey
37.00%
-100 bp cut in Jan 2026, from 38.00%
12-month cycle
Cutting
12m net
-350 bp
Next decision
not published
Top outcome
no market
Source
16 Oct 2026

Central Bank of Turkey's Policy rate was 37.00% as of 16 Oct 2026. Its last change was a 100 bp cut in Jan 2026, from 38.00%. Over the last 12 months the rate has moved -350 bp on net.

As of . Source: BIS central bank policy rates (WS_CBPOL). Method and limitations.

Policy rate history

month-end levels, Oct 2006 to Sep 2026
0%10%20%30%40%50%20072008200920102011201220132014201520162017201820192020202120222023202420252026

Step line: the rate holds its level until the next change. Dots mark a month whose month-end level differs from the month before; hover one for the size of the move.

Next decision on Polymarket

prices in percent, not a forecast

No open Polymarket market on a single the Central Bank of Turkey decision is stored right now.

Recent rate changes

dated to the day inside the daily window, else to the month; click a row to find it on the chart
Jan 2026-100 bp38.00%37.00%
Dec 2025-150 bp39.50%38.00%
Oct 2025-100 bp40.50%39.50%
Sep 2025-250 bp43.00%40.50%
Jul 2025-300 bp46.00%43.00%
Apr 2025+350 bp42.50%46.00%
Mar 2025-250 bp45.00%42.50%
Jan 2025-250 bp47.50%45.00%
Dec 2024-250 bp50.00%47.50%
Mar 2024+500 bp45.00%50.00%
Jan 2024+250 bp42.50%45.00%
Dec 2023+250 bp40.00%42.50%

Other markets on this bank's rates

Polymarket, by volume; counts and year-end levels rather than one meeting; click a row for its market

No other open market on this bank's rates is stored.

Official sources

the bank's own pages; its calendar is the authority on meeting dates

Other currencies

every central bank with a page; the current one is marked
Sources. Policy rates: Bank for International Settlements, central bank policy rates (WS_CBPOL), data.bis.org; cited as the BIS terms require. Decision markets: Polymarket, prices, volumes and close dates as published by the venue.

Cite this data

Kresmion dates the last change from the stored policy-rate series (to the day inside the daily window, else to the month), computes the 12-month net change between two month-end levels, and lists a Polymarket market only when its question names this bank and its policy rate. Nothing here is a forecast by Kresmion.

Upstream: BIS central bank policy rates (WS_CBPOL)

Kresmion, "Central Bank of Turkey policy rate (TRY)", data as of 2026-10-16, https://kresmion.com/markets/forex/central-banks/try. Upstream data: BIS central bank policy rates (WS_CBPOL).

Link to this data (HTML):

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