Turkey Three Month Interbank Rate was at 8.71 percent on Wednesday August 5.

Interbank Rate in Turkey averaged 12.42 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 August of 2020.

Interbank Rate in Turkey is expected to be 8.20 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 7.70 in 12 months time. In the long-term, the Turkey Three Month Interbank Rate is projected to trend around 7.70 percent in 2021, according to our econometric models.

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Turkey Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.71 8.71 28.52 4.74 2006 - 2020 percent Daily

Turkey Money Last Previous Highest Lowest Unit
Interest Rate 8.25 8.25 500.00 4.50 percent [+]
Interbank Rate 8.71 8.71 28.52 4.74 percent [+]
Money Supply M1 1101541116.40 1048950629.30 1101541116.40 55562063.00 TRY Thousand [+]
Money Supply M2 3012610783.40 2917936926.30 3012610783.40 236620702.00 TRY Thousand [+]
Money Supply M3 3146290743.10 3058132447.50 3146290743.10 260092810.00 TRY Thousand [+]
Foreign Exchange Reserves 50925.00 49230.00 115144.00 1389.90 USD Million [+]
Banks Balance Sheet 5242815808.00 5187796641.00 5242815808.00 15859.80 TRY Thousand [+]
Loans to Private Sector 1608950634.00 1594107445.00 1608950634.00 3402.30 TRY Thousand [+]
Deposit Interest Rate 6.75 6.75 398.10 1.50 percent [+]
Private Debt to GDP 163.70 170.00 170.50 131.20 percent [+]
Lending Rate 9.75 9.75 2300.00 6.50 percent [+]
Cash Reserve Ratio 15.00 12.00 17.00 9.00 percent [+]
Central Bank Balance Sheet 1014308814.00 1041217842.00 1041217842.00 9071.00 TRY Thousand [+]
Foreign Stock Investment 25044.00 24057.00 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..