Lending Rate in Turkey increased to 11.75 percent in September from 9.75 percent in August of 2020.
Lending Rate in Turkey averaged 32.20 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 October of 2020. source: Central Bank of the Republic of Turkey
Lending Rate in Turkey is expected to be 11.75 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 11.00 in 12 months time. In the long-term, the Turkey Overnight Lending Rate is projected to trend around 11.00 percent in 2021 and 10.50 percent in 2022, according to our econometric models.