Turkey's central bank decided to hold its benchmark interest rates on Thursday as policymakers vowed to maintain a tight policy stance until price stability is achieved.
The Monetary Policy Committee, governed by Yasar Fatih Karahan, decided to keep the one-week repo rate at 37.00 percent, as widely expected.
The committee also maintained the overnight lending rate and the overnight borrowing rate at 40.0 percent and 35.5 percent, respectively.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.