Deposit Interest Rate in Turkey remained unchanged at 12.50 percent in June from 12.50 percent in May of 2022. source: Central Bank of the Republic of Turkey

Deposit Interest Rate in Turkey averaged 38.07 percent from 1990 until 2022, 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 June of 2022.

Deposit Interest Rate in Turkey is expected to be 12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Overnight Borrowing Rate is projected to trend around 12.50 percent in 2023 and 11.00 percent in 2024, 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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Turkey Overnight Borrowing Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-04-14 11:00 AM Apr 12.5% 12.5% 12.5%
2022-05-26 11:00 AM May 12.5% 12.5% 12.5%
2022-06-23 11:00 AM Jun 12.5% 12.5% 12.5%
2022-07-21 11:00 AM Jul 12.5%
2022-08-18 11:00 AM Aug 12.5%
2022-09-22 11:00 AM Sep


Related Last Previous Unit Reference
Interest Rate 14.00 14.00 percent Jun 2022
Money Supply M1 2477149623.70 2330670367.20 TRY Thousand May 2022
Money Supply M2 6158878600.90 5856056764.60 TRY Thousand May 2022
Money Supply M3 6259638113.20 5962108470.20 TRY Thousand May 2022
Foreign Exchange Reserves 59450.00 60790.00 USD Million Jun 2022
Banks Balance Sheet 10140316743.00 9467288836.00 TRY Thousand Mar 2022
Loans to Private Sector 2788682572.00 2699686918.00 TRY Thousand Apr 2022
Deposit Interest Rate 12.50 12.50 percent Jun 2022
Lending Rate 15.50 15.50 percent Jun 2022
Central Bank Balance Sheet 2958087328.00 2522670738.00 TRY Thousand May 2022
Cash Reserve Ratio 25.00 25.00 percent Apr 2022
Foreign Stock Investment 22048.00 21255.00 USD Million Aug 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
12.50 12.50 398.10 1.50 1990 - 2022 percent Monthly