Turkey Three Month Interbank Rate was at 17.53 percent on Friday January 15. source: Banks Association of Turkey

Interbank Rate in Turkey averaged 12.47 percent from 2006 until 2021, reaching an all time high of 28.52 percent in October of 2018 and a record low of 4.74 percent in May of 2013. This page provides - Turkey Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Three Month Interbank Rate - values, historical data and charts - was last updated on January of 2021.

Interbank Rate in Turkey is expected to be 17.53 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Turkey to stand at 20.63 in 12 months time. In the long-term, the Turkey Three Month Interbank Rate is projected to trend around 15.53 percent in 2022 and 13.03 percent in 2023, according to our econometric models.

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Turkey Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
17.53 17.53 28.52 4.74 2006 - 2021 percent Daily

Turkey Money Last Previous Highest Lowest Unit
Interest Rate 17.00 15.00 500.00 4.50 percent [+]
Interbank Rate 17.53 17.53 28.52 4.74 percent [+]
Money Supply M1 1237645781.90 1247967107.80 1247967107.80 55562063.00 TRY Thousand [+]
Money Supply M2 3374829629.40 3310059556.50 3374829629.40 236620702.00 TRY Thousand [+]
Money Supply M3 3469681378.10 3414339512.70 3469681378.10 260092810.00 TRY Thousand [+]
Foreign Exchange Reserves 48677.00 49965.00 115144.00 1390.00 USD Million [+]
Banks Balance Sheet 6177739178.00 5956318799.00 6177739178.00 15859.80 TRY Thousand [+]
Loans to Private Sector 1792204368.00 1808896182.00 1808896182.00 3402.30 TRY Thousand [+]
Deposit Interest Rate 15.50 15.50 398.10 1.50 percent [+]
Private Debt to GDP 163.70 170.00 170.50 131.20 percent [+]
Lending Rate 18.50 16.50 2300.00 6.50 percent [+]
Cash Reserve Ratio 19.00 17.00 19.00 9.00 percent [+]
Central Bank Balance Sheet 1155062058.00 1203997628.00 1203997628.00 9071.00 TRY Thousand [+]
Foreign Stock Investment 30745.00 29048.00 82048.00 0.00 USD Million [+]


Turkey Three Month Interbank Rate
In Turkey, the interbank rate is the rate of interest charged on short-term loans made between banks..