FX.co ★ Turkey Holds Overnight Borrowing Rate Steady at 35.50% in June

Turkey’s central bank kept its Overnight Borrowing Rate unchanged at 35.50% in June 2026, maintaining the same level set in April 2026. According to the latest data update on 11 June 2026, there was no change in the benchmark rate, signaling a continuation of the current monetary policy stance.

The decision to hold the rate at 35.50% suggests policymakers remain focused on stability, opting not to tighten or ease financial conditions further during the June period. With the borrowing rate steady for a second consecutive decision, market participants are likely to interpret the move as an effort to provide continuity and predictability in Turkey’s interest-rate environment.