Turkey Three Month Interbank Rate was at 13.72 percent on Monday October 19.

Interbank Rate in Turkey averaged 12.41 percent from 2006 until 2020, 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 October of 2020.

Interbank Rate in Turkey is expected to be 24.13 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 11.93 in 12 months time. In the long-term, the Turkey Three Month Interbank Rate is projected to trend around 20.63 percent in 2021 and 11.43 percent in 2022, according to our econometric models.

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Turkey Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
13.72 13.72 28.52 4.74 2006 - 2020 percent Daily

Turkey Money Last Previous Highest Lowest Unit
Interest Rate 10.25 8.25 500.00 4.50 percent [+]
Interbank Rate 13.72 13.72 28.52 4.74 percent [+]
Money Supply M1 1230903566.40 1212125110.40 1230903566.40 55562063.00 TRY Thousand [+]
Money Supply M2 3274777899.60 3200919339.40 3274777899.60 236620702.00 TRY Thousand [+]
Money Supply M3 3378587262.60 3308755118.50 3378587262.60 260092810.00 TRY Thousand [+]
Foreign Exchange Reserves 41118.00 41409.00 115144.00 1389.90 USD Million [+]
Banks Balance Sheet 5613388052.00 5342310743.00 5613388052.00 15859.80 TRY Thousand [+]
Loans to Private Sector 1702718610.00 1653607565.00 1702718610.00 3402.30 TRY Thousand [+]
Deposit Interest Rate 8.75 8.75 398.10 1.50 percent [+]
Private Debt to GDP 163.70 170.00 170.50 131.20 percent [+]
Lending Rate 11.75 9.75 2300.00 6.50 percent [+]
Cash Reserve Ratio 17.00 15.00 17.00 9.00 percent [+]
Central Bank Balance Sheet 1129085410.00 1144361908.00 1144361908.00 9071.00 TRY Thousand [+]
Foreign Stock Investment 20379.00 20981.00 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..