Some countries have announced national benchmark rates, while others have been working on the recent trend in which the London Interbank Offered Rate will be retired at the end of 2021. Considering that Turkey announced the Turkish Lira Overnight Reference Interest Rate (TLREF), this study...

China, Brazil, and Turkey are important emerging countries and have different interest rate trends. China and Brazil enjoyed the lower interest rate of approximately 1.5% and 6.8% respectively whereas Turkey was faced with increasing interest rate problems reaching 23.35% as of 2018 end. The...

Financial and economic stability are two main significant concepts of the countries. Many different actions are taken in order to reach this objective. In this process, interest rate plays a key role because it mainly affects the cost of investments and consumption decisions of the parties....

High bank interest rates have been one of the main problems in certain periods for Turkey. When the development trend of interest rates is examined, it is seen that interest rates were high in the past, they decreased between 2002 and 2010, and they have been increasing after the year 2011. In...

Some countries have announced national benchmark rates while some others have been working on the recent trend in which the London Interbank Offered Rate (LIBOR) will be retired at the end of 2021. Considering that Turkey announced the Turkish Lira Overnight Reference Interest Rate (TLREF), this...