Turkey Overnight Borrowing Rate

TRY
Actual
43.50%
Previous
43.50%
Latest Release
Feb 22, 2024
Importance
Overview
The overnight rate is the rate at which large banks borrow and lend from one another in the overnight market. The overnight rate is the lowest available interest rate, and as such, it is only available to the most creditworthy institutions.
A higher than expected reading should be taken as positive/bullish for the TRY, while a lower than expected reading should be taken as negative/bearish for the TRY.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Feb 22, 2024 (Feb) 16:30 43.50% -
43.50%
Jan 25, 2024 (Jan) 16:30 43.50% -
41.00%
Dec 21, 2023 (Dec) 16:30 41.00% -
38.50%
Nov 23, 2023 (Nov) 16:30 38.50% -
33.50%
Oct 26, 2023 (Oct) 16:30 33.50% -
28.50%
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