The CBRT 2025 Monetary Policy Text has been published. Accordingly, a new development has occurred regarding the KKM scheme.
The Central Bank has made a significant policy change, reducing the number of MPC meetings to 8 for 2025.
The headings included in the bank's 2025 Monetary Policy Text are as follows;
The MPC will hold 8 meetings in 2025 within the framework of a pre-announced calendar.
Simplification steps will continue in 2025.
With the disinflation process becoming more pronounced, demand for TL assets will continue.
KKM SCHEME
The KKM scheme is planned to be terminated in 2025.
A floating exchange rate regime will be maintained in 2025.
The exchange rate will continue to be determined under free market conditions.
The Central Bank will not engage in foreign exchange buying or selling operations to determine the exchange rate regime.
News Source: 12punto
