Turkey Three Month Interbank Rate was at 19.47 percent on Thursday June 24. source: Banks Association of Turkey

Interbank Rate in Turkey averaged 12.66 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 June 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 13.98 percent in 2022, according to our econometric models.

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Turkey Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
19.47 19.47 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 19.47 19.47 28.52 4.74 percent [+]
Money Supply M1 1327644869.60 1262317652.40 1327644869.60 55562063.00 TRY Thousand [+]
Money Supply M2 3666685301.90 3555544955.80 3666685301.90 236620702.00 TRY Thousand [+]
Money Supply M3 3772612729.70 3660712293.00 3772612729.70 260092810.00 TRY Thousand [+]
Foreign Exchange Reserves 56020.00 51710.00 115144.00 1390.00 USD Million [+]
Banks Balance Sheet 6459106199.00 6097496415.00 6459106199.00 15859.80 TRY Thousand [+]
Loans to Private Sector 1825066497.00 1814808643.00 1825066497.00 3402.30 TRY Thousand [+]
Deposit Interest Rate 17.50 17.50 398.10 1.50 percent [+]
Private Debt to GDP 165.80 162.20 169.40 130.30 percent [+]
Lending Rate 20.50 20.50 2300.00 6.50 percent [+]
Cash Reserve Ratio 19.00 19.00 19.00 9.00 percent [+]
Central Bank Balance Sheet 1407082726.00 1339196090.00 1407082726.00 9071.00 TRY Thousand [+]
Foreign Stock Investment 21983.00 21307.00 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..