Central Bank Rates

Central bank rates, also known as policy rates or benchmark interest rates, are the interest rates set by a country's central bank. These rates serve as a key tool for monetary policy implementation and influence various aspects of the economy, including borrowing and lending rates, inflation, and economic growth.

Central banks typically set interest rates with the goal of achieving their mandated objectives, which often include price stability (i.e., controlling inflation) and promoting maximum sustainable employment. The specific mandate and objectives of central banks can vary from country to country.

Central bank rates are closely monitored by financial markets, economists, and policymakers as they provide insights into the direction of monetary policy and the overall health of the economy.

Last updated date: April 7, 2024

  Central Bank Currency Key interest rate Change
Major Central Banks
๐Ÿ‡จ๐Ÿ‡ณ People's Bank of China PRC Yuan (CNY) 3.45% (21.08.2023) -0.10
๐Ÿ‡ฏ๐Ÿ‡ต Bank of Japan Japanese yen (JPY) 0.00-0.10% (19.03.2024) +0.10
๐Ÿ‡ฌ๐Ÿ‡ง Bank of England Pound sterling (GBP) 5.25% (03.08.2023) +0.25
๐Ÿ‡บ๐Ÿ‡ธ Federal Reserve System U.S. dollar (USD) 5.25-5.50% (26.06.2023) +0.25
๐Ÿ‡ช๐Ÿ‡บ European Central Bank Euro (EUR) 4.25% (27.07.2023) +0.25
Other Central Banks
๐Ÿ‡ฆ๐Ÿ‡บ Reserve Bank of Australia Australian dollar (AUD) 4.35% (07.11.2023) +0.25
๐Ÿ‡ง๐Ÿ‡พ Central Bank of Belarus Belarusian ruble (BYR) 9.50% (21.06.2023) -0.25
๐Ÿ‡ง๐Ÿ‡ท Banco Central do Brasil Brazilian real (BRL) 10.75% (20.03.2024) -0.50
๐Ÿ‡จ๐Ÿ‡ฆ Bank of Canada Canadian dollar (CAD) 5.00% (12.07.2023) +0.25
๐Ÿ‡จ๐Ÿ‡ฑ Banco Central de Chile Chilean Peso (CLP) 6.50% (02.04.2024) -0.75
๐Ÿ‡จ๐Ÿ‡ด Bank of the Republic Colombian peso (COP) 13.00% (19.12.2023) -0.25
๐Ÿ‡จ๐Ÿ‡ฟ Czech National Bank Czech koruna (CZK) 5.75% (20.03.2024) -0.50
๐Ÿ‡ฉ๐Ÿ‡ฐ Danmarks Nationalbank Danish krone (DKK) 3.75% (14.09.2023) +0.25
๐Ÿ‡ช๐Ÿ‡ฌ Central Bank of Egypt Egyptian pound (EGP) 27.25% (06.03.2024) +6.00
๐Ÿ‡ฌ๐Ÿ‡ช National Bank of Georgia Georgian lari (GEL) 8.25% (13.03.2024) -0.75
๐Ÿ‡ญ๐Ÿ‡บ Magyar Nemzeti Bank Hungarian forint (HUF) 8.25% (26.03.2024) -0.75
๐Ÿ‡ฎ๐Ÿ‡ธ Central Bank of Iceland Icelandic krรณna (ISK) 9.25% (23.08.2023) +0.50
๐Ÿ‡ฎ๐Ÿ‡ณ Reserve Bank of India Indian rupee (INR) 6.50% (08.03.2023) +0.25
๐Ÿ‡ฎ๐Ÿ‡ฉ Bank Indonesia Indonesian rupiah (IDR) 6.00% (19.10.2023) +0.25
๐Ÿ‡ฎ๐Ÿ‡ฑ Bank of Israel Israeli sheqel (ILS) 4.50% (01.01.2024) -0.50
๐Ÿ‡ฒ๐Ÿ‡พ Central Bank of Malaysia Malaysian ringgit (MYR) 3.00% (03.05.2023) +0.25
๐Ÿ‡ฒ๐Ÿ‡ฝ Bank of Mexico Mexican peso (MXN) 11.00% (21.03.2024) -0.25
๐Ÿ‡ฒ๐Ÿ‡ฆ Bank Al-Maghrib Moroccan dirham (MAD) 3.00% (21.03.2023) +0.50
๐Ÿ‡ณ๐Ÿ‡ฌ Central Bank of Nigeria Nigerian naira (NGN) 24.75% (26.03.2024) +2.00
๐Ÿ‡ณ๐Ÿ‡ด Norges Bank Norwegian krone (NOK) 4.50% (14.12.2023) +0.25
๐Ÿ‡ต๐Ÿ‡ฑ National Bank of Poland Polish Zloty (PLN) 5.75% (04.10.2023) -0.25
๐Ÿ‡ถ๐Ÿ‡ฆ Qatar Central Bank Qatari riyal (QAR) 6.25% (29.02.2024) +0.25
๐Ÿ‡ท๐Ÿ‡ด National Bank of Romania Romanian leu (RON) 7.00% (10.01.2023) +0.25
๐Ÿ‡ท๐Ÿ‡บ Bank of Russia Russian ruble (RUB) 16.00% (15.12.2023) +1.00
๐Ÿ‡ธ๐Ÿ‡ฆ SAMA Saudi riyal (SR) 6.00% (26.07.2023) +0.25
๐Ÿ‡ท๐Ÿ‡ธ National Bank of Serbia Serbian dinar (RSD) 6.50% (13.07.2023) +0.25
๐Ÿ‡ฟ๐Ÿ‡ฆ South African Reserve Bank South African rand (ZAR) 8.25% (25.05.2023) +0.50
๐Ÿ‡ฐ๐Ÿ‡ท Bank of Korea Korean won (KRW) 3.50% (13.01.2023) +0.25
๐Ÿ‡ธ๐Ÿ‡ช Bank of Sweden Swedish krona (SEK) 4.00% (21.09.2023) +0.25
๐Ÿ‡จ๐Ÿ‡ญ Swiss National Bank Swiss Franc (CHF) 1.50% (21.03.2024) -0.25
๐Ÿ‡น๐Ÿ‡ญ Bank of Thailand Thai Baht (THB) 2.50% (27.09.2023) +0.25
๐Ÿ‡น๐Ÿ‡ท Central Bank of Turkey Turkish Lira (TRL) 50.00% (21.03.2024) +5.00
๐Ÿ‡ฆ๐Ÿ‡ช Central Bank of the UAE UAE dirham (AED) 5.40% (27.07.2023) +0.25
๐Ÿ‡บ๐Ÿ‡ฆ National Bank of Ukraine Hryvnia (UAH) 14.50% (14.03.2024) -0.50

Source: Central Banks

No responsibility is taken for the correctness of this information.

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