Turkey’s Central Bank announces first interest rate decision of 2925

The first interest rate decision of the year 2025 has come from the CBRT. After the interest rate decision announced in line with expectations, the markets moved. What was the initial reaction of the stock market and the dollar to the interest rate cut?

The Central Bank announced its first interest rate decision of the year

The Central Bank of the Republic of Turkey (CBRT) has cut interest rates by 250 basis points in line with market expectations. after the first interest rate decision of the 8th meeting of 2025, the markets also became active.

January December 2024 The CBRT’s policy interest rate, which was raised to 47.5 percent in 2025, was lowered to 45 percent at the January 2025 meeting, the reaction of the markets was also rapid.

In Borsa Istanbul, the BIST 100 index fell from 10,122 points to 10,092 points immediately after the 250 basis point interest rate cut, and then climbed to 10,130. There is an effort to stabilize the index at 10.110 levels.

Dollar/TL declined

The dollar exchange rate, which was at 35.666 just before the CBRT’s expected interest rate cut decision was announced, fell to 35.6420 in the first minutes with the interest rate decision.

While the euro also fell from 37.22 to 37.19 against the TL, it moved above 37.20 in an effort to recover again.