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FX.co ★ Turkey Keeps One-Week Repo Rate Unchanged at 37% in March Policy Hold

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typeContent_19130:::2026-03-12T11:00:00

Turkey Keeps One-Week Repo Rate Unchanged at 37% in March Policy Hold

Turkey’s central bank left its key one-week repo rate unchanged at 37.00% in March 2026, maintaining the same level set in January 2026. The decision signals a continuation of the current tight monetary stance, with policymakers opting for stability rather than further hikes or cuts during the latest review.

The one-week repo rate, which serves as Turkey’s main policy benchmark, has now been held at 37.00% across consecutive meetings from January through March 2026. The unchanged setting suggests that authorities see the existing rate as appropriate for current economic and financial conditions.

According to the latest update on 12 March 2026, there has been no adjustment to the policy rate since it last reached 37.00% in January, reinforcing the signal of a steady approach from the central bank over the first quarter of the year.

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