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Federal Reserve
System 🇺🇸
5.00%
Changed: Sep 18, 2024
European Central
Bank 🇪🇺
3.50%
Changed: Sep 18, 2024
People’s Bank
of China 🇨🇳
1.50%
Changed: Sep 27, 2024
Bank of
Japan 🇯🇵
0.25%
Changed: Jul 31, 2024
Bank of
England 🇬🇧
5.00%
Changed: Aug 1, 2024
Reserve Bank of
Australia 🇦🇺
4.35%
Changed: Nov 8, 2023
Swiss National
Bank 🇨🇭
1%
Changed: Sep 26, 2024
Bank of
Canada 🇨🇦
4.25%
Changed: Sep 4, 2024
Hong Kong Monetary
Authority 🇭🇰
5.25%
Changed: Sep 19, 2024
Bank of
Korea 🇰🇷
3.50%
Changed: Jan 13, 2023
Central Bank of the
Republic of China 🇹🇼
2%
Changed: Sep 19, 2024
Bank of
Thailand 🇹🇭
2.50%
Changed: Sep 27, 2023
| India 🇮🇳 | 6.50% | Feb 2023 |
| Brazil 🇧🇷 | 10.75% | Sep 2024 |
| Mexico 🇲🇽 | 10.75% | Aug 2024 |
| Sweden 🇸🇪 | 3.25% | Sep 2024 |
| Norway 🇳🇴 | 4.50% | Dec 2023 |
| Indonesia 🇮🇩 | 6.00% | Sep 2024 |
| Philippines 🇵🇭 | 6.25% | Aug 2024 |
| Vietnam 🇻🇳 | 4.50% | Jun 2023 |
| Saudi Arabia 🇸🇦 | 5.50% | Sep 2024 |
| UAE 🇦🇪 | 4.90% | Sep 2024 |
| Turkey 🇹🇷 | 50.00% | Mar 2024 |
The central bank’s interest rate data is fetched through a scheduled process every Saturday.
The People’s Bank of China has been diminishing the role of the Medium-Term Lending Facility (MLF) as its primary policy rate, shifting its focus towards the 7-Day Reverse Repo rate as the new main policy rate, as previously signaled by the central bank governor.
The Policy Rate
The ‘Policy Rate,’ ‘Bank Rate,’ or ‘Cash Rate’ describes the interest rate that banks charge each other for lending or borrowing reserve balances overnight. The federal funds rate is a key short-term interest rate that influences other interest rates in the economy.
What is Policy Rate
- Learn more about the basic of Policy Rate
- The Impact of Incease and Decrease the Policy Rate
- Why does the Central Bank change the rate
What is Central Bank
- Who is Central Bank
- The general mandate of the Central Bank
- Taget and authority of the Central Bank
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Annie Steiner
CEO, Greenprint
Interest Rate Update
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by
Our content is based on reliable sources. However, we do not accept liability for any errors. The content of this website is for informational purposes only and is not intended as financial advice. Decisions you make based on the information we display are always at your own expense and risk.
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