In a recent monetary policy adjustment, Turkey's central bank has announced a decrease in its overnight borrowing rate, which has now dipped to 35.50% as of January 2026. This adjustment comes after the previous rate was held at 36.50% in December 2025.
The one percentage point reduction signals the bank's response to the evolving economic landscape, aiming to provide optimal conditions for economic stability and growth. The decision, updated on January 22, 2026, reflects an ongoing effort by Turkey's monetary authorities to balance inflationary pressures while fostering conducive conditions for borrowing and investment.
Market observers and economic analysts are closely monitoring this move, as it could have significant impacts on lending rates and the broader economic environment. The new rate adjustment indicates a cautious approach by the central bank, likely taking into account both domestic and international economic indicators as Turkey strategizes for sustained macroeconomic health in the year ahead.