Interbank Rate in Turkey remained unchanged at 15.63 percent on Tuesday February 27. Interbank Rate in Turkey averaged 13.17 percent from 2006 until 2024, 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. source: Banks Association of Turkey
Interbank Rate in Turkey is expected to be 15.63 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Three Month Interbank Rate is projected to trend around 0.63 percent in 2027 and -4.37 percent in 2028, according to our econometric models.