Turkey's Central Bank Monetary Policy Committee to convene today

The Monetary Policy Committee (MPC) meeting will be held on Thursday to announce the Central Bank’s decision on interest rates.

Ekleme: 20.01.2022 09:21:00 / Güncelleme: 20.01.2022 09:21:00 / English News / Ankara Haberleri
Destek için 

The bank, which decided to reduce the policy rate (one-week repo auction rate) from 15.00 percent to 14.00 last month, is not expected to change interest rates.

The Monetary Policy Committee will announce the policy decision at 2 p.m.

The Monetary Policy Committee (MPC) is the decision-making body for monetary policy under the inflation targeting regime.

The MPC is made up of the Governor, Deputy Governors, a member appointed from among the members of the Board, and another member appointed by a joint decree upon recommendation of the Governor.

The Undersecretary of Treasury or a Deputy Undersecretary authorized by the Undersecretary can attend the meetings without voting capacity. (ILKHA)