8,643.88 TRY BIST 100 BIST 100
4.87 CNY CNY CNY
34.34 USD USD USD
37.42 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.07 TRY Interest Interest
75.11 USD Fossil Oil Fossil Oil
32.50 USD Silver Silver
4.45 USD Copper Copper
102.15 USD Iron Ore Iron Ore
374.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,026.19 TRY Gold (gr) Gold (gr)

The Central Bank of the Republic of Turkiye increases rediscount interest rates

With the communiqué of the Central Bank of the Republic of Turkey, the discount interest rate in rediscount transactions was increased to 30.75 percent annually.

The Central Bank of the Republic of Turkiye increases rediscount interest rates

The Central Bank of the Republic of Turkey (CBRT) increased the discount and advance interest rates to be applied in rediscount transactions by 500 basis points.

CBRT's Communiqué on the subject was published in the Official Gazette.

According to the communiqué, the discount interest rate to be applied in rediscount transactions against bills with a maximum of 3 months remaining until maturity was determined as 30.75 percent annually, and the interest rate to be applied in advance transactions was determined as 31.75 percent annually.

Since September 1, 2023, the rate has been applied as 25.75 percent in rediscount transactions and 26.75 percent in advance transactions.

Interest rates come into effect starting from today.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Türkiye's iron and steel export value was 7.8 billion USD in January-September period

Tuesday, November 5, 2024

European Commission approves EUR 724 million in funding towards Denmark

Tuesday, November 5, 2024

Indonesia's coal production targets under threat

Tuesday, November 5, 2024

AM/NS India is set to develop one of India’s most substantial steel projects

Monday, November 4, 2024

Cleveland-Cliffs completes acquisition of Stelco

Monday, November 4, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now