23.10.202511:00:00UTC+00Turkey's Overnight Lending Rate Falls to 42.50% in October

In a strategic move to address burgeoning economic challenges, Turkey's central bank reduced its overnight lending rate to 42.50% in October 2025, down from the previous rate of 43.50% set in September. This update was officially announced on October 23, 2025, marking the first rate adjustment after a month of financial evaluation and strategizing.

The decision to lower the rate comes as part of Turkey's ongoing efforts to stimulate economic growth while managing inflationary pressures. By cutting the overnight lending rate, the central bank aims to encourage borrowing and investment, providing a potential boost to economic activities amidst fluctuating market dynamics.

Financial analysts are closely monitoring the impact of this adjustment, as it reflects the central bank's commitment to agile and responsive monetary policy measures. With the reduction now in effect, businesses and investors alike are poised to evaluate the broader implications on lending, investment patterns, and overall economic resilience in Turkey.