Deposit Interest Rate in Turkey remained unchanged at 6.75 percent in July from 6.75 percent in July of 2020.

Deposit Interest Rate in Turkey averaged 39.48 percent from 1990 until 2020, reaching an all time high of 398.10 percent in April of 1994 and a record low of 1.50 percent in December of 2010. This page includes a chart with historical data for Deposit Interest Rate in Turkey. Turkey Overnight Borrowing Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Central Bank of the Republic of Turkey

Deposit Interest Rate in Turkey is expected to be 6.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Turkey to stand at 6.50 in 12 months time. In the long-term, the Turkey Overnight Borrowing Rate is projected to trend around 6.50 percent in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Turkey Overnight Borrowing Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.75 6.75 398.10 1.50 1990 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2018-04-25 11:00 AM Apr 7.25% 7.25% 7.25% 7.25%
2018-05-23 05:00 PM 7.25% 7.25%
2018-06-07 11:00 AM 16.25% 15% 18%
2018-07-24 11:00 AM Jul 16.25% 16.25% 16.25% 16.25%

Turkey Money Last Previous Highest Lowest Unit
Interest Rate 8.25 8.25 500.00 4.50 percent [+]
Interbank Rate 10.43 10.43 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 46594.00 46673.00 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 23880.00 25387.00 82048.00 0.00 USD Million [+]


Turkey Overnight Borrowing Rate
In Turkey, the Overnight Borrowing Rate refers to the rate under which banks lend or deposit money to the Central Bank.