Turkey Three Month Interbank Rate was at 7.69 percent on Tuesday June 2.

Interbank Rate in Turkey averaged 12.47 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 June 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 8.20 in 12 months time. In the long-term, the Turkey Three Month Interbank Rate is projected to trend around 8.70 percent in 2021 and 9.20 percent in 2022, according to our econometric models.

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Turkey Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.69 7.69 28.52 4.74 2006 - 2020 percent Daily

Turkey Money Last Previous Highest Lowest Unit
Interest Rate 8.25 8.75 500.00 4.50 percent [+]
Interbank Rate 7.69 7.69 28.52 4.74 percent [+]
Money Supply M1 1004162659.00 847007179.80 1004162659.00 55562063.00 TRY Thousand [+]
Money Supply M2 2919332512.00 2666743293.70 2919332512.00 236620702.00 TRY Thousand [+]
Money Supply M3 3041071567.10 2779649099.20 3041071567.10 260092810.00 TRY Thousand [+]
Foreign Exchange Reserves 127086.90 143027.80 150427.20 1240.00 USD Million [+]
Banks Balance Sheet 4678225798.00 4498754472.00 4678225798.00 15859.80 TRY Thousand [+]
Loans to Private Sector 1568297817.00 1434780824.00 1568297817.00 3402.30 TRY Thousand [+]
Deposit Interest Rate 6.75 7.25 398.10 1.50 percent [+]
Private Debt to GDP 163.70 170.00 170.50 131.20 percent [+]
Lending Rate 10.25 11.25 2300.00 6.50 percent [+]
Cash Reserve Ratio 12.00 12.00 17.00 9.00 percent [+]
Central Bank Balance Sheet 1004108095.00 894779525.00 1004108095.00 9071.00 TRY Thousand [+]
Foreign Stock Investment 21334.00 20476.00 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..