Türkiye EN

News scope

  • Global
  • Türkiye
  • Russia
  • Middle East
  • China

Language

You are reading news about Türkiye in English.

Language

Lira deposit rate falls to three-year low

Photo: Bloomberg HT

The average 1-3-month lira deposit rate fell to 36.9%, dropping below 37% for the first time since 2023.

According to Türkiye's central bank (TCMB), the weighted average funding cost was also 36.9% in the same week. Commercial loan rates held at 39.9%.

Lira deposit rate falls to three-year low

Sources 3 sources

Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Ekonomim and PSM

Mentioned in this story

Share this story

gazete share card
Card theme