Banks › Central Bank of the Republic of Türkiye › History › 23 Jul 2026
Central Bank of the Republic of Türkiye: decision of 23 July 2026
The CBRT Monetary Policy Committee kept the one-week repo rate at 37%.
Decision
hold
- Rate
- 37.00%=37.00%
- Change
- 0 bp
- Announced
Sources
- Statement
- tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Ma…
- MPC meeting summary
- tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Ma…
- Recorded
- 23 Jul 2026
- Data
- JSON
What the bank said
The Committee said the underlying trend of inflation decreased slightly in June, though leading indicators suggested a temporary rise in July.
It said energy prices had started trending up again as geopolitical uncertainty grew.
The Committee said recent data confirmed the ongoing weakening in domestic demand.
Guidance. The Committee said decisions would be made prudently meeting by meeting and that it would tighten in case of a significant and persistent deterioration in the inflation outlook.
“Recent data confirm the ongoing weakening in domestic demand.”
Before and after
- Previous decision: 11 Jun 2026, held the one-week repo auction rate (policy rate) at 37.00%.
- Next decision: 10 Sept 2026, held the one-week repo auction rate (policy rate) at 37.00%.
- All Central Bank of the Republic of Türkiye decisions and the rate history