Lending Rate in Turkey remained unchanged at 9.75 percent in June from 9.75 percent in May of 2020.

Lending Rate in Turkey averaged 32.21 percent from 1996 until 2020, reaching an all time high of 2300 percent in February of 2001 and a record low of 6.50 percent in May of 2013. This page provides - Turkey Overnight Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Overnight Lending Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Central Bank of the Republic of Turkey

Lending Rate in Turkey is expected to be 9.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Turkey to stand at 9.25 in 12 months time. In the long-term, the Turkey Overnight Lending Rate is projected to trend around 9.25 percent in 2021, according to our econometric models.

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Turkey Overnight Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.75 9.75 2300.00 6.50 1996 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2018-04-25 11:00 AM TCMB Overnight Lending Rate 9.25% 9.25% 9.25% 9.25%
2018-05-23 05:00 PM TCMB Overnight Lending Rate 9.25% 9.25%
2018-06-07 11:00 AM TCMB Overnight Lending Rate 19.25% 16.5% 19.5%
2018-07-24 11:00 AM TCMB Overnight Lending Rate 19.25% 19.25% 19.25% 19.25%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

Turkey Money Last Previous Highest Lowest Unit
Interest Rate 8.25 8.25 500.00 4.50 percent [+]
Interbank Rate 7.69 7.69 28.52 4.74 percent [+]
Money Supply M1 1048950629.30 1004162659.00 1048950629.30 55562063.00 TRY Thousand [+]
Money Supply M2 2917936926.30 2919332512.00 2919332512.00 236620702.00 TRY Thousand [+]
Money Supply M3 3058132447.50 3041071567.10 3058132447.50 260092810.00 TRY Thousand [+]
Foreign Exchange Reserves 51417.00 53222.00 115144.00 1389.90 USD Million [+]
Banks Balance Sheet 4678225798.00 4498754472.00 4678225798.00 15859.80 TRY Thousand [+]
Loans to Private Sector 1594107445.00 1568297817.00 1594107445.00 3402.30 TRY Thousand [+]
Deposit Interest Rate 6.75 6.75 398.10 1.50 percent [+]
Private Debt to GDP 163.70 170.00 170.50 131.20 percent [+]
Lending Rate 9.75 9.75 2300.00 6.50 percent [+]
Cash Reserve Ratio 12.00 12.00 17.00 9.00 percent [+]
Central Bank Balance Sheet 1041217842.00 1004108095.00 1041217842.00 9071.00 TRY Thousand [+]
Foreign Stock Investment 24429.00 24326.00 82048.00 0.00 USD Million [+]


Turkey Overnight Lending Rate
In Turkey, lending rate refers to central bank overnight lending rate.