The Central Bank of the Republic of Turkey (CBRT) announced that the Monetary Policy Committee will hold 8 meetings next year and that the 2025 meeting and report calendar will be published within 5 business days. On the other hand, the text stated that the KKM scheme is planned to be terminated in the new year.
The CBRT has published its 2025 monetary policy text.
The Central Bank of the Republic of Turkey announced that the Monetary Policy Committee will hold 8 meetings next year and that the 2025 meeting and report calendar will be published within 5 business days.
The CBRT stated that it plans to terminate the KKM in 2025 and that demand for TL assets will continue as the disinflation process becomes more pronounced.
According to the text, the floating exchange rate regime will be maintained in 2025, and the bank will not engage in foreign exchange buying or selling to determine the exchange rate level.
News Source: 12punto
