New data Overnight Lending Rate (Mar)
3/6/2025
actual 44, previous 46.5
The event is the Overnight Lending Rate for Turkey (TRY) in March. The actual rate reported is 44%, which is a decrease of 2.5% from the previous rate of 46.5%. This event is considered to have a low impact. The Overnight Lending Rate is an important monetary policy tool used by central banks to control the money supply and interest rates in the economy. A decrease in the lending rate can indicate that the central bank is trying to stimulate economic growth by making it cheaper for banks to borrow money.This is not investment advice. Remember to verify the information provided here.
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