Turkey Overnight Lending Rate

TRY
Actual
16.50%
Previous
17.50%
Latest Release
Nov 18, 2021
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
Nov 18, 2021 (Nov) 16:30 16.50% -
17.50%
Oct 21, 2021 (Oct) 16:30 17.50% -
19.50%
Sep 23, 2021 (Sep) 16:30 19.50% -
20.50%
Aug 12, 2021 (Aug) 16:30 20.50% -
20.50%
Jul 14, 2021 (Jul) 16:30 20.50% -
20.50%
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Turkish Overnight Lending Rate News & Analysis
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