Turkey Three Month Interbank Rate was at 19.48 percent on Friday May 7. source: Banks Association of Turkey

Interbank Rate in Turkey averaged 12.60 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 May of 2021.

Interbank Rate in Turkey is expected to be 19.48 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 15.98 in 12 months time. In the long-term, the Turkey Three Month Interbank Rate is projected to trend around 15.98 percent in 2022, according to our econometric models.

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Turkey Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
19.48 19.48 28.52 4.74 2006 - 2021 percent Daily

Turkey Money Last Previous Highest Lowest Unit
Interest Rate 19.00 19.00 500.00 4.50 percent [+]
Interbank Rate 19.48 19.48 28.52 4.74 percent [+]
Money Supply M1 1196274465.00 1144468279.10 1247967107.80 55562063.00 TRY Thousand [+]
Money Supply M2 3362342866.20 3235352987.00 3374829629.40 236620702.00 TRY Thousand [+]
Money Supply M3 3464408362.70 3329773572.90 3469681378.10 260092810.00 TRY Thousand [+]
Foreign Exchange Reserves 46920.00 47950.00 115144.00 1390.00 USD Million [+]
Banks Balance Sheet 6019110601.00 6057082186.00 6177420310.00 15859.80 TRY Thousand [+]
Loans to Private Sector 1814808643.00 1729774867.00 1814808643.00 3402.30 TRY Thousand [+]
Deposit Interest Rate 17.50 17.50 398.10 1.50 percent [+]
Cash Reserve Ratio 19.00 19.00 19.00 9.00 percent [+]
Central Bank Balance Sheet 1361644142.00 1268111735.00 1361644142.00 9071.00 TRY Thousand [+]
Foreign Stock Investment 21756.00 23192.00 82048.00 0.00 USD Million [+]
Private Debt to GDP 165.80 162.20 169.40 130.30 percent [+]
Lending Rate 20.50 18.50 2300.00 6.50 percent [+]


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