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Deposit Interest Rate in Vanuatu

Deposit Interest Rate in Vanuatu decreased to 0.46 percent in 2018 from 0.71 percent in 2017. Deposit Interest Rate in Vanuatu averaged 3.74 percent from 1981 until 2018, reaching an all time high of 10.75 percent in 1981 and a record low of 0.46 percent in 2018. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Vanuatu.




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Deposit Interest Rate in Ecuador

Deposit Interest Rate in Ecuador increased to 3.60 percent in 2018 from 3.50 percent in 2017. Deposit Interest Rate in Ecuador averaged 17.24 percent from 1983 until 2018, reaching an all time high of 46.81 percent in 1992 and a record low of 0 percent in 2007. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Ecuador.




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Ecuador Interest Rate

The benchmark interest rate in Ecuador was last recorded at 8.81 percent. Interest Rate in Ecuador averaged 19.11 percent from 1970 until 2020, reaching an all time high of 72.60 percent in January of 2000 and a record low of 6.67 percent in May of 2018. In Ecuador, interest rate decisions are taken by the Central Bank of Ecuador´s Governing Council. The official interest rate is the Benchmark Lending Rate (Tasa Activa Referencial). This page provides the latest reported value for - Ecuador Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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New Zealand Interest Rate

The benchmark interest rate in New Zealand was last recorded at 1 percent. Interest Rate in New Zealand averaged 7.26 percent from 1985 until 2019, reaching an all time high of 67.32 percent in March of 1985 and a record low of 1 percent in August of 2019. In New Zealand, interest rates decisions are taken by the Reserve Bank of New Zealand. The official interest rate is the Official Cash Rate (OCR). The OCR was introduced in March 1999 and is reviewed eight times a year by the Bank. The OCR influences the price of borrowing money in New Zealand and provides the Reserve Bank with a means of influencing the level of economic activity and inflation. This page provides - New Zealand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Deposit Interest Rate in New Zealand

Deposit Interest Rate in New Zealand was at 0.45 percent on Friday May 8. Deposit Interest Rate in New Zealand averaged 4.61 percent from 1981 until 2020, reaching an all time high of 16.32 percent in December of 1986 and a record low of 0.45 percent in May of 2020. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in New Zealand.




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Deposit Interest Rate in Aruba

Deposit Interest Rate in Aruba decreased to 1.20 percent in 2018 from 1.60 percent in 2017. Deposit Interest Rate in Aruba averaged 4.34 percent from 1986 until 2018, reaching an all time high of 6.70 percent in 1988 and a record low of 1.20 percent in 2018. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Aruba.




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Deposit Interest Rate in Guatemala

Deposit Interest Rate in Guatemala decreased to 5.17 percent in 2018 from 5.37 percent in 2017. Deposit Interest Rate in Guatemala averaged 8.26 percent from 1980 until 2018, reaching an all time high of 24.41 percent in 1991 and a record low of 4.19 percent in 2004. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Guatemala.




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Guatemala Interest Rate

The benchmark interest rate in Guatemala was last recorded at 2.25 percent. Interest Rate in Guatemala averaged 4.31 percent from 2005 until 2020, reaching an all time high of 7.25 percent in July of 2008 and a record low of 2.25 percent in March of 2020. In Guatemala, the interest rate decisions are taken by the Monetary Board of the Central Bank of Guatemala. The official interest rate is the monetary policy key rate. This page provides the latest reported value for - Guatemala Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Deposit Interest Rate in Nicaragua

Deposit Interest Rate in Nicaragua increased to 1.32 percent in 2018 from 1.25 percent in 2017. Deposit Interest Rate in Nicaragua averaged 3521.31 percent from 1988 until 2018, reaching an all time high of 107379.12 percent in 1988 and a record low of 1 percent in 2012. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Nicaragua.




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Nicaragua Weighted Average Interest Rate

The benchmark interest rate in Nicaragua was last recorded at 11.43 percent. Interest Rate in Nicaragua averaged 12.63 percent from 2009 until 2019, reaching an all time high of 17.45 percent in October of 2013 and a record low of 8.33 percent in August of 2016. Banco Central de Nicaragua doesn’t use interest rates as a policy tool. Nicaragua’s monetary policy has been based on an exchange rate mechanism. This page provides - Nicaragua Interest Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Jamaica Interest Rate

The benchmark interest rate in Jamaica was last recorded at 0.50 percent. Interest Rate in Jamaica averaged 11.56 percent from 1996 until 2020, reaching an all time high of 33 percent in October of 1996 and a record low of 0.50 percent in August of 2019. In Jamaica, the Bank of Jamaica engages in open market operations by offering 30-day instruments. Since July 1st, 2017, the Bank changed the benchmark interest rate to the rate paid on overnight deposits held by deposit-taking institutions (“DTIs”) from the rate paid on 30-day certificates of deposit. This page provides - Jamaica Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Cameroon Interest Rate

The benchmark interest rate in Cameroon was last recorded at 3.25 percent. Interest Rate in Cameroon averaged 3.40 percent from 2009 until 2020, reaching an all time high of 4.25 percent in July of 2009 and a record low of 2.45 percent in July of 2015. Cameroon is a member of the Economic and Monetary Community of Central Africa (CEMAC). In CEMAC, interest rates decisions are taken by the Bank of Central African States’ Monetary Policy Committee. The Bank of Central African States’ official rate is the prime lending rate. This page provides the latest reported value for - Cameroon Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Chad Interest Rate

The benchmark interest rate in Chad was last recorded at 3.25 percent. Interest Rate in Chad averaged 3.40 percent from 2009 until 2020, reaching an all time high of 4.25 percent in July of 2009 and a record low of 2.45 percent in July of 2015. Chad is a member of the Economic and Monetary Community of Central Africa (CEMAC). In CEMAC, interest rates decisions are taken by the Central Bank of Central African States’ Monetary Policy Committee. The Central Bank of Central African States’ official rate is the prime lending rate. This page provides the latest reported value for - Chad Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Republic of the Congo Interest Rate

The benchmark interest rate in Republic of the Congo was last recorded at 3.25 percent. Interest Rate in Republic of the Congo averaged 3.40 percent from 2009 until 2020, reaching an all time high of 4.25 percent in July of 2009 and a record low of 2.45 percent in July of 2015. Republic of Congo is a member of the Economic and Monetary Community of Central Africa (CEMAC). In CEMAC, interest rates decisions are taken by the Central Bank of Central African States’ Monetary Policy Committee. The Central Bank of Central African States’ official rate is the prime lending rate. This page provides the latest reported value for - Republic of the Congo Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Equatorial Guinea Interest Rate

The benchmark interest rate in Equatorial Guinea was last recorded at 3.25 percent. Interest Rate in Equatorial Guinea averaged 3.40 percent from 2009 until 2020, reaching an all time high of 4.25 percent in July of 2009 and a record low of 2.45 percent in July of 2015. Equatorial Guinea is a member of the Economic and Monetary Community of Central Africa (CEMAC). In CEMAC, interest rates decisions are taken by the Bank of Central African States’ Monetary Policy Committee. The Bank of Central African States’ official rate is the prime lending rate. This page provides - Equatorial Guinea Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Gabon Interest Rate

The benchmark interest rate in Gabon was last recorded at 3.25 percent. Interest Rate in Gabon averaged 3.40 percent from 2009 until 2020, reaching an all time high of 4.25 percent in July of 2009 and a record low of 2.45 percent in July of 2015. Gabon is a member of the Economic and Monetary Community of Central Africa (CEMAC). In CEMAC, interest rates decisions are taken by the Bank of Central African States’ Monetary Policy Committee. The Bank of Central African States’ official rate is the prime lending rate. This page provides the latest reported value for - Gabon Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Lesotho Interest Rate

The benchmark interest rate in Lesotho was last recorded at 5.25 percent. Interest Rate in Lesotho averaged 9.60 percent from 1980 until 2020, reaching an all time high of 20.42 percent in December of 1990 and a record low of 5.18 percent in December of 2013. In Lesotho, benchmark interest rates are set by the Monetary Policy Committee (MPC) of the Central Bank of Lesotho (CBL). The official interest rate since December 2015 is the Central Bank Policy Rate, which replaced the 91-day Treasury Bill (TB) rate. This page provides - Lesotho Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Sierra Leone Interest Rate

The benchmark interest rate in Sierra Leone was last recorded at 15 percent. Interest Rate in Sierra Leone averaged 19.23 percent from 2000 until 2020, reaching an all time high of 27 percent in October of 2000 and a record low of 9.50 percent in March of 2015. In Sierra Leone, interest rates decisions are taken by the Bank of Sierra Leone’s Monetary Policy Committee. The BSL’s official interest rate is the monetary policy rate. This page provides the latest reported value for - Sierra Leone Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Singapore Average Overnight Interest Rate

The benchmark interest rate in Singapore was last recorded at 1.26 percent. Interest Rate in Singapore averaged 1.66 percent from 1988 until 2020, reaching an all time high of 20 percent in January of 1990 and a record low of -0.75 percent in October of 1993. Sibor is a reference rate based on the interest rates at which banks offer to lend unsecured funds to each other in the Singapore interbank market. In Singapore, the monetary policy decisions are taken by The Monetary Authority of Singapore (Penguasa Kewangan Singapura). The Monetary Authority of Singapore does not control the monetary system by monitoring interest rates. Instead, it manages the Singapore dollar (SGD) exchange rate against a trade-weighted basket of currencies of Singapore's major trading partners and competitors. On January 28th, 2015 Singapore’s Monetary Authority surprisingly reduced the slope at which the SGD appreciates against main currencies, citing lower inflation expectations due to falling oil prices. This page provides the latest reported value for - Singapore Average Overnight Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Kyrgyzstan Interest Rate

The benchmark interest rate in Kyrgyzstan was last recorded at 5 percent. Interest Rate in Kyrgyzstan averaged 6.21 percent from 2011 until 2020, reaching an all time high of 13.73 percent in December of 2011 and a record low of 2.64 percent in December of 2012. In Kyrgyzstan, interest rate decisions are taken by the National Bank of the Kyrgyz Republic. The official interest rate is the discount rate. This page provides - Kyrgyzstan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Egypt Interest Rate

The benchmark interest rate in Egypt was last recorded at 9.25 percent. Interest Rate in Egypt averaged 11.91 percent from 1991 until 2020, reaching an all time high of 21.40 percent in October of 1991 and a record low of 8.25 percent in September of 2009. In Egypt, interest rate decisions are taken by the Central Bank of Egypt (CBE). The Central Bank of Egypt official interest rate is the overnight deposit rate. The CBE is committed to achieving, over the medium term, low rates of inflation which it believes are essential for maintaining confidence and for sustaining high rates of investment and economic growth. This page provides - Egypt Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Israel Interest Rate

The benchmark interest rate in Israel was last recorded at 0.10 percent. Interest Rate in Israel averaged 5.35 percent from 1996 until 2020, reaching an all time high of 17 percent in June of 1996 and a record low of 0.10 percent in March of 2015. In Israel, the interest rates decisions are taken by the Bank of Israel. The official interest rate is the "headline" rate. This page provides - Israel Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Uganda Interest Rate

The benchmark interest rate in Uganda was last recorded at 8 percent. Interest Rate in Uganda averaged 12.64 percent from 2011 until 2020, reaching an all time high of 23 percent in November of 2011 and a record low of 8 percent in April of 2020. In Uganda, interest rates decisions are taken by the Bank of Uganda. The Bank of Uganda official interest rate is the central bank rate. This page provides the latest reported value for - Uganda Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Cape Verde Interest Rate

The benchmark interest rate in Cape Verde was last recorded at 1 percent. Interest Rate in Cape Verde averaged 7.99 percent from 1998 until 2020, reaching an all time high of 10.50 percent in February of 1998 and a record low of 1 percent in March of 2020. In Cape Verde, interest rates decisions are taken by the Monetary Committee of the Bank of Cape Verde. The official rate is the rediscount rate. This page provides the latest reported value for - Cape Verde Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Mongolia Interest Rate

The benchmark interest rate in Mongolia was last recorded at 9 percent. Interest Rate in Mongolia averaged 11.70 percent from 2007 until 2020, reaching an all time high of 15 percent in August of 2016 and a record low of 6.40 percent in July of 2007. In Mongolia, interest rates decisions are taken by the Bank of Mongolia (Mongolbank). The official interest rate is the Policy Rate. This page provides the latest reported value for - Mongolia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Indonesia Interest Rate

The benchmark interest rate in Indonesia was last recorded at 4.50 percent. Interest Rate in Indonesia averaged 6.93 percent from 2005 until 2020, reaching an all time high of 12.75 percent in December of 2005 and a record low of 4.25 percent in September of 2017. In Indonesia the interest rate decisions are taken by The Central Bank of Republic of Indonesia. In April of 2016, policymakers announced the replacement of the official discount interest rate with new 7-day reverse repurchase rate in August 2016. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. This page provides - Indonesia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Canada Interest Rate

The benchmark interest rate in Canada was last recorded at 0.25 percent. Interest Rate in Canada averaged 5.85 percent from 1990 until 2020, reaching an all time high of 16 percent in February of 1991 and a record low of 0.25 percent in April of 2009. In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate. Since 1996 the Bank Rate is set at the upper limit of an operating band for the money market overnight rate. Previously, from March 1980 until February 1996 the Bank Rate was set at 25 basis points above the weekly average tender rate for 3-month Treasury bills. This page provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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South Africa Interest Rate

The benchmark interest rate in South Africa was last recorded at 4.25 percent. Interest Rate in South Africa averaged 12.38 percent from 1998 until 2020, reaching an all time high of 23.99 percent in June of 1998 and a record low of 4.25 percent in April of 2020. In South Africa, the interest rates decisions are taken by the South African Reserve Bank’s Monetary Policy Committee (MPC). The official interest rate is the repo rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. This page provides - South Africa Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Interest Rate

The benchmark interest rate in Namibia was last recorded at 4.25 percent. Interest Rate in Namibia averaged 7.01 percent from 2007 until 2020, reaching an all time high of 10.50 percent in May of 2007 and a record low of 4.25 percent in April of 2020. In Namibia, interest rates decisions are taken by the Executive Committee of the Bank of Namibia. The official interest rate is the Repo Rate. This page provides the latest reported value for - Namibia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Philippines Interest Rate

The Philippine central bank unexpectedly lowered its benchmark interest rate by 50 basis points to 2.75 percent on 16th April 2020, ahead of a 21st May policy meeting, as policymakers tried to support the economy battling with the COVID-19 outbreak. The bank said that the reduction will be the latest rate adjustment for this year. Interest Rate in Philippines averaged 7.75 percent from 1985 until 2020, reaching an all time high of 31 percent in January of 1985 and a record low of 2.75 percent in April of 2020. In Philippines, interest rate decisions are taken by The Monetary Board of The Bangko Sentral ng Pilipinas (BSP). The official interest rate is the reverse repo rate (RR/P) which is the overnight borrowing rate. The central bank of the Republic of the Philippines is committed to promote and maintain price stability and provide proactive leadership in bringing about a strong financial system conducive to a balanced and sustainable growth of the economy. This page provides the latest reported value for - Philippines Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Pakistan Interest Rate

The benchmark interest rate in Pakistan was last recorded at 9 percent. Interest Rate in Pakistan averaged 11.21 percent from 1992 until 2020, reaching an all time high of 19.50 percent in October of 1996 and a record low of 5.75 percent in May of 2016. In Pakistan, interest rates decisions are taken by the State Bank of Pakistan. On 23rd of May, 2015 the discount ceiling rate was replaced by a new official interest rate, the SBP Policy rate. This page provides - Pakistan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Mauritius Interest Rate

The benchmark interest rate in Mauritius was last recorded at 1.85 percent. Interest Rate in Mauritius averaged 4.70 percent from 2006 until 2020, reaching an all time high of 9.25 percent in June of 2007 and a record low of 1.85 percent in April of 2020. In Mauritius, interest rates decisions are taken by the Bank of Mauritius. The BoM’s official interest rate is the repo rate. This page provides - Mauritius Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Mozambique Interest Rate

The benchmark interest rate in Mozambique was last recorded at 11.25 percent. Interest Rate in Mozambique averaged 13.26 percent from 2009 until 2020, reaching an all time high of 23.25 percent in October of 2016 and a record low of 7.50 percent in November of 2014. In Mozambique, interest rates decisions are taken by the Monetary Policy Committee of the Central Bank of Mozambique (Banco de Moçambique). The official interest rate is the interbank money market rate (taxa do mercado interbancário moçambicano, MIMO). It was first introduced on April 10th 2017 and replaced the standing lending facility rate (taxa de juro da facilidade permanente de cedência). This page provides - Mozambique Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Uzbekistan Interest Rate

The benchmark interest rate in Uzbekistan was last recorded at 15 percent. Interest Rate in Uzbekistan averaged 31.48 percent from 1994 until 2020, reaching an all time high of 300 percent in March of 1995 and a record low of 9 percent in January of 2015. In Uzbekistan, interest rate decisions are taken by the Central Bank of Uzbekistan. The official interest rate is the Refinancing Rate. This page provides the latest reported value for - Uzbekistan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Romania Interest Rate

The benchmark interest rate in Romania was last recorded at 2 percent. Interest Rate in Romania averaged 5.30 percent from 2005 until 2020, reaching an all time high of 12.50 percent in May of 2005 and a record low of 1.75 percent in May of 2015. In Romania, interest rates decisions are taken by the Board of the National Bank of Romania (Banca Nationala a Romaniei). The official interest rate is the Policy Rate. This page provides the latest reported value for - Romania Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Mexico Interest Rate

The benchmark interest rate in Mexico was last recorded at 6 percent. Interest Rate in Mexico averaged 5.77 percent from 2005 until 2020, reaching an all time high of 9.25 percent in October of 2005 and a record low of 3 percent in June of 2014. In Mexico, interest rate decisions are taken by the Bank of Mexico (Banco de México). Starting January of 2008, Banco de México has adopted as an operating target the overnight interbank rate (tasa de fondeo bancario) instead of the level of commercial banks’ current account balances at the central bank (corto). This page provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Turkey Interest Rate

The benchmark interest rate in Turkey was last recorded at 8.75 percent. Interest Rate in Turkey averaged 58.60 percent from 1990 until 2020, reaching an all time high of 500 percent in March of 1994 and a record low of 4.50 percent in May of 2013. In Turkey, benchmark interest rates are set by the Central Bank of the Republic of Turkey Monetary Policy Committee (Türkiye Cumhuriyet Merkez Bankasi - TCMB). From June 1st 2018, the main interest rate is the one-week repo rate and the overnight borrowing and lending rates will be determined at 150 bps below/above the one-week repo rate. The central bank simplified its monetary policy framework on May 28th 2018 from a different system with four main key rates, with the late liquidity window lending rate being one of the most followed. This page provides the latest reported value for - Turkey Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Paraguay Interest Rate

The benchmark interest rate in Paraguay was last recorded at 1.25 percent. Interest Rate in Paraguay averaged 5.71 percent from 2010 until 2020, reaching an all time high of 8.50 percent in August of 2011 and a record low of 1.25 percent in April of 2020. In Paraguay, interest rates decisions are taken by the Central Bank of Paraguay (Banco Central del Paraguay). The official interest rate is the 14-day interest rate (la tasa de 14 días). This page provides - Paraguay Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ukraine Interest Rate

The benchmark interest rate in Ukraine was last recorded at 8 percent. Interest Rate in Ukraine averaged 37.97 percent from 1992 until 2020, reaching an all time high of 300 percent in October of 1994 and a record low of 6.50 percent in August of 2013. In Ukraine, interest rate decisions are taken by the National Bank of Ukraine. The official interest rate is the discount rate. This page provides the latest reported value for - Ukraine Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Russia Interest Rate

The benchmark interest rate in Russia was last recorded at 5.50 percent. Interest Rate in Russia averaged 7.28 percent from 2003 until 2020, reaching an all time high of 17 percent in December of 2014 and a record low of 5 percent in June of 2010. In Russia, interest rate decisions are taken by the Central Bank of the Russian Federation. From September 16th of 2013, the official interest rate is the one-week auction repo rate. Until September 15th of 2013, the official interest rate was the refinancing rate, which was seen as a ceiling for borrowing money and a benchmark for calculating tax payments. This page provides the latest reported value for - Russia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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India Interest Rate

The Reserve Bank of India lowered its benchmark repurchase rate by 75 bps to 4.40 percent from 5.15 percent on 27th March in an unscheduled move, joining central banks around the world in delivering stimulus to mitigate the impact of COVID-19 on the economy. The central bank also cut the cash reserve ratio by 100 basis points to 3% to boost liquidity. . Interest Rate in India averaged 6.59 percent from 2000 until 2020, reaching an all time high of 14.50 percent in August of 2000 and a record low of 4.25 percent in April of 2009. In India, interest rate decisions are taken by the Reserve Bank of India's Central Board of Directors. The official interest rate is the benchmark repurchase rate. In 2014, the primary objective of the RBI monetary policy became price stability, giving less importance to government's borrowing, the stability of the rupee exchange rate and the need to protect exports. In February 2015, the government and the central bank agreed to set a consumer inflation target of 4 percent, with a band of plus or minus 2 percentage points, from the financial year ending in March 2017. This page provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Japan Interest Rate

The Bank of Japan during its April meeting removed a limitation on buying government bonds so that 10-year yields will remain at 0%, and ramped up its purchases of corporate debt to JPY 20 trillion from around JPY 7 trillion, joining global central banks in their unprecedented expansion of monetary stimulus to mitigate the economic fallout from the COVID-19 pandemic. In addition, the central bank determined to buy ETFs and J-REITs so that their amounts outstanding will rise at an annual pace of JPY 12 trillion and about JPY 180 billion, respectively. Meanwhile, policymakers kept its key short-term interest rate unchanged at -0.1%. . Interest Rate in Japan averaged 2.72 percent from 1972 until 2020, reaching an all time high of 9 percent in December of 1973 and a record low of -0.10 percent in January of 2016. In Japan, interest rates are set by the Bank of Japan's Policy Board in its Monetary Policy Meetings. The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a guideline for money market operations in inter-meeting periods and this guideline is written in terms of a target for the uncollateralized overnight call rate. This page provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Kazakhstan Interest Rate

The benchmark interest rate in Kazakhstan was last recorded at 9.50 percent. Interest Rate in Kazakhstan averaged 22.87 percent from 1992 until 2020, reaching an all time high of 300 percent in March of 1994 and a record low of 5.50 percent in August of 2012. In Kazakhstan, interest rates decisions are taken by The National Bank of Kazakhstan. The National Bank of Kazakhstan official interest rate is the overnight policy rate. Policymakers set the overnight repo rate as the new benchmark on September 2nd, 2015, instead of the refinancing rate, after abandoning the currency peg in August. This page provides the latest reported value for - Kazakhstan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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South Korea Interest Rate

The benchmark interest rate in South Korea was last recorded at 0.75 percent. Interest Rate in South Korea averaged 3.08 percent from 1999 until 2020, reaching an all time high of 5.25 percent in October of 2000 and a record low of 0.75 percent in March of 2020. In South Korea the interest rates decisions are taken by the Bank of Korea’s (BOK) Monetary Policy Committee. The official interest rate is the Bank of Korea Base Rate which was changed from overnight call rate on March 2008. This page provides - South Korea Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Sweden Interest Rate

The benchmark interest rate in Sweden was last recorded at 0 percent. Interest Rate in Sweden averaged 2.97 percent from 1994 until 2020, reaching an all time high of 8.91 percent in July of 1995 and a record low of -0.50 percent in February of 2016. In Sweden, benchmark interest rate is set by the Executive Board of the Central Bank of Sweden (The Riksbank). The main interest rate is the repo rate which is the rate of interest at which banks can borrow or deposit funds at the Riksbank for a period of seven days. The Riksbank's target is to hold inflation in terms of the CPIF (the CPI with a fixed interest rate) around 2 percent a year. This page provides the latest reported value for - Sweden Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Armenia Interest Rate

The benchmark interest rate in Armenia was last recorded at 5 percent. Interest Rate in Armenia averaged 7.31 percent from 2010 until 2020, reaching an all time high of 10.50 percent in February of 2015 and a record low of 5 percent in April of 2020. In Armenia, interest rate decisions are taken by the Central Bank of Armenia. The official interest rate is the Refinancing Rate. This page provides - Armenia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Hungary Interest Rate

The benchmark interest rate in Hungary was last recorded at 0.90 percent. Interest Rate in Hungary averaged 11.18 percent from 1987 until 2020, reaching an all time high of 28 percent in January of 1995 and a record low of 0.90 percent in May of 2016. In Hungary, interest rates decisions are taken by the Monetary Council of the Hungarian National Bank (Magyar Nemzeti Bank). The main interest rate is the central bank base rate on refinancing credit maturing over one year that the Central Bank lends to financial institutions. This page provides the latest reported value for - Hungary Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Tajikistan Interest Rate

The benchmark interest rate in Tajikistan was last recorded at 11.75 percent. Interest Rate in Tajikistan averaged 10.64 percent from 2003 until 2020, reaching an all time high of 18.06 percent in October of 2003 and a record low of 4.80 percent in January of 2014. In Tajikistan, interest rate decisions are taken by the National Bank of Tajikistan. The official interest rate is the refinancing rate. This page provides the latest reported value for - Tajikistan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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South Sudan Interest Rate

The benchmark interest rate in South Sudan was last recorded at 13 percent. Interest Rate in South Sudan averaged 14 percent from 2020 until 2020, reaching an all time high of 15 percent in March of 2020 and a record low of 13 percent in April of 2020. This page provides - South Sudan Interest Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Georgia Interest Rate

The benchmark interest rate in Georgia was last recorded at 8.50 percent. Interest Rate in Georgia averaged 6.66 percent from 2008 until 2020, reaching an all time high of 12 percent in April of 2008 and a record low of 3.75 percent in August of 2013. In Georgia, interest rate decisions are taken by the National Bank of Georgia. The official interest rate is the 7-day refinancing rate. This page provides the latest reported value for - Georgia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.