16:14 - 10.12.2025

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December 10, Fineko/abc.az. Turkish economists predict that the Central Bank of Turkey will reduce the discount rate by 100-150 basis points to a range of 37-38.5% at a meeting on December 11. In October, the rate was already lowered from 40.5% to 39.5%.

ABC.AZ informs that polls show that out of 38 economists, 14 expect a decrease of 100 bps, 17 - by 150 bps, and 7 - by 200 bps. According to TV channel Haberturk, 19 financial institutions forecast a drop of 150 bps. In November, survey participants expected a rate cut up to 38.28%.

The Central Bank of Turkey has changed the rate several times since June 2023: first it raised it from 8.5% to 15%, then it kept it at 50%, and since December 2024, a consistent decline to current values began.