Local interest spread to usd 3-month interbank interest rate reached 12.3% in 2022 in Turkey, according to the National Statistical Office. This is 21.2% less than in the previous year.
Historically, local interest spread to USD 3-month interbank interest rate in Turkey reached an all time high of 88.7% in 2001 and an all time low of 6.59% in 2013.
Turkey has been ranked 1st within the group of 44 countries we follow in terms of local interest spread to USD 3-month interbank interest rate.
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