Cash Reserve Ratio in Turkey remained unchanged at 16 percent in December from 16 percent in November of 2019. Cash Reserve Ratio in Turkey averaged 11.56 percent from 2002 until 2019, reaching an all time high of 16 percent in July of 2019 and a record low of 9 percent in November of 2008. source: Central Bank of the Republic of Turkey
Cash Reserve Ratio in Turkey is expected to be 16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Cash Reserve Ratio in Turkey to stand at 16.00 in 12 months time. In the long-term, the Turkey Reserve Requirement Ratio Foreign Currency is projected to trend around 16.00 percent in 2020, according to our econometric models.