FX.co ★ Turkey Holds Overnight Lending Rate at 40% in September Review

Turkey’s central bank left its Overnight Lending Rate unchanged at 40.00% in its September 2026 review, maintaining the same level set in July 2026. The decision underscores policymakers’ continued focus on monetary stability in the face of ongoing economic uncertainties.

By keeping the rate steady, the central bank signals a wait-and-see approach, suggesting that current borrowing costs are viewed as appropriate for balancing inflation risks and growth prospects. The unchanged stance may also reflect an effort to preserve credibility around inflation control while monitoring the impact of earlier tightening moves.

The latest data, updated as of 10 September 2026, will be closely watched by investors and analysts assessing Turkey’s policy trajectory and its implications for liquidity conditions, credit demand, and the broader macroeconomic outlook.