ING Global's 3-Year Forecast for Türkiye: Notable Figures for the Dollar, Interest Rates, and Inflation.
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International financial institution ING expects the Central Bank of Turkey (TCMB) to cut the policy interest rate by 100 basis points today, bringing it to 36 percent. The bank forecasts that the rate will fall to 35 percent by the end of the year, and its year-end USD/TRY exchange rate forecast for 2026 is 51.50.
ING expects the Central Bank of the Republic of Turkey to cut its policy interest rate by 100 basis points to 36 percent today. The bank forecasts that the policy rate will reach 35 percent by the end of the year, and the dollar/TL exchange rate will reach 51.50. ING also noted that developments in the investment fund market could pose a downside risk to domestic demand.
ING Global has released its growth, inflation, interest rate, and exchange rate forecasts for the Turkish economy covering the period 2026-2028. According to the institution's projections, the dollar/TL exchange rate is expected to reach 74 by the end of 2028, while year-end inflation is expected to fall to 20 percent.
ING Global has released a new report on the Turkish economy. The global giant bank has announced its growth, dollar, euro, interest rate, and inflation forecasts for the 2026-2028 period. Here are the details...
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