Lending Rate in Turkey decreased to 10.50 percent in November from 12 percent in October of 2022. source: Central Bank of the Republic of Turkey

Lending Rate in Turkey averaged 32.12 percent from 1996 until 2022, reaching an all time high of 2300.00 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 November of 2022.

Lending Rate in Turkey is expected to be 10.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Overnight Lending Rate is projected to trend around 11.50 percent in 2023 and 15.50 percent in 2024, according to our econometric models.

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Turkey Overnight Lending Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-10-20 11:00 AM Oct 12% 13.5% 12.5%
2022-11-24 11:00 AM Nov 10.5% 12% 10.5%
2022-12-22 11:00 AM Dec

Related Last Previous Unit Reference
Interest Rate 9.00 10.50 percent Nov 2022
Money Supply M1 2923111679.30 2825673374.70 TRY Thousand Oct 2022
Money Supply M2 7729695771.50 7429567349.20 TRY Thousand Oct 2022
Money Supply M3 7858233601.20 7556531042.60 TRY Thousand Oct 2022
Foreign Exchange Reserves 80030.00 76620.00 USD Million Nov 2022
Banks Balance Sheet 12660650078.00 12273085499.00 TRY Thousand Aug 2022
Loans to Private Sector 3430682650.00 3362909971.00 TRY Thousand Sep 2022
Deposit Interest Rate 7.50 9.00 percent Nov 2022
Lending Rate 10.50 12.00 percent Nov 2022
Central Bank Balance Sheet 3290051861.00 3221965977.00 TRY Thousand Oct 2022
Cash Reserve Ratio 25.00 25.00 percent Oct 2022
Foreign Stock Investment 22048.00 21255.00 USD Million Aug 2021

Turkey Overnight Lending Rate
In Turkey, lending rate refers to central bank overnight lending rate.
Actual Previous Highest Lowest Dates Unit Frequency
10.50 12.00 2300.00 6.50 1996 - 2022 percent Monthly