Turkey left its overnight borrowing rate unchanged at 35.50% in September 2026, according to data updated on 10 September 2026. The rate has remained at this level since July 2026, signaling a continuation of the central bank’s tight monetary stance.
The decision to hold the rate at 35.50% suggests policymakers are maintaining their focus on stability, keeping borrowing costs elevated for banks and financial institutions. With no change between July and September, markets may interpret the steady rate as a sign that authorities are watching incoming data before considering any further adjustments to monetary conditions.
