11.12.2025 14:51
The Central Bank lowered the policy interest rate by 150 basis points to 38%. Following this move by the Central Bank, the euro surpassed 50 lira for the first time in history.
The Central Bank of the Republic of Turkey (CBRT) announced its interest rate decision for December. The CBRT Monetary Policy Committee reduced the policy rate by 150 basis points to 38%.
The committee also lowered the overnight lending rate to 41% and the overnight borrowing rate to 36.5%.
A HISTORICAL FIRST FOR THE EURO
Following the Central Bank's interest rate decision, a notable development occurred in the markets. The Euro surpassed 50 lira for the first time in history.
FINDING BUYERS AT 50.05 LEVEL
The Euro reached a new historical peak by exceeding 50 TL against the Turkish lira. The parity is currently finding buyers at the level of 50.05, with a premium of 0.41%.
LAST STATUS OF THE DOLLAR
The Euro gained 36.5% against the TL in 2025. The Dollar, on the other hand, continues to trade at the level of 42.61 lira.