The Central Bank of the Republic of Turkey (CBRT) published its 2025 Monetary Policy on December 25, 2024 (yesterday).

The key highlights are:

- CBRT will hold only 8 meetings in 2025 instead of 12.

- The Foreign Exchange-Protected Deposit (KKM) scheme will be terminated in 2025.

- Credit growth limits and exemptions will be reviewed during the year.

- The floating exchange rate regime will be maintained. (As if there was much before...)