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WORLD INTEREST RATES TABLE

Please find in the table below interest rates around the world for all the major financial districts.

The table itself is updated monthly, and you will the last date the rates were set per country and the next scheduled update. Interest rates provide an insight on the condition of a national economy – lower interest rates can encourage domestic investment, commerce and productivity.

Why do Interest Rates impact Currency Rates?        Foreign Exchange >>

The rates can also affect the value of the national currency versus other countries' offering. For example, when interest rates are higher in the United States than in other countries, non-US companies and individuals want to invest their funds here in order to earn a high return.

The resulting increase in the demand for the dollar pushes up the value of the dollar. The opposite can happen when U.S. interest rates are low.

Last Updated: 22nd January 2010


Major Central Banks Overview
Central BankNext MeetingLast ChangeCurrent Interest Rate
Bank of CanadaMar 02 2010Apr 21 20090.25%
Bank of EnglandFeb 11 2010Mar 05 20090.5%
Bank of JapanJan 26 2010Dec 19 20080.1%
European Central BankFeb 04 2010May 07 20091%
Federal ReserveJan 27 2010Dec 16 20080.25%
Swiss National BankMar 11 2010Mar 12 20090.25%
The Reserve Bank of AustraliaFeb 02 2010Dec 01 20093.75%

Africa
CountryCurrent Interest RatePreviousLast Change
Egypt8.25%8.50%Sep 22 2009
South Africa7.0%7.5%Aug 13 2009

Asia Pacific
CountryCurrent Interest RatePreviousLast Change
Australia3.75%3.50%Dec 01 2009
China5.31%5.58%Dec 22 2008
Hong Kong SAR0.5%1.5%Dec 17 2008
India4.75%5.00%Apr 21 2009
Japan0.1%0.3%Dec 19 2008
Korea, Republic of2%3%Feb 16 2009
New Zealand2.5%3.0%Apr 29 2009
Taiwan1.25%1.50%Feb 19 2009

Europe
CountryCurrent Interest RatePreviousLast Change
Czech Republic1.00%1.25%Dec 16 2009
European Monetary Union1.00%1.25%May 07 2009
Hungary6.25%6.50%Dec 21 2009
Iceland10%11%Dec 10 2009
Norway1.75%1.50%Dec 16 2009
Poland3.50%3.75%Jun 24 2009
Slovakia1.75%2.25%May 13 2009
Sweden0.25%0.50%Jul 02 2009
Switzerland0.25%0.50%Mar 12 2009
United Kingdom0.5%1.0%Mar 05 2009

Middle East
CountryCurrent Interest RatePreviousLast Change
Turkey6.50%6.75%Nov 20 2009

North America
CountryCurrent Interest RatePreviousLast Change
Canada0.25%0.50%Apr 21 2009
United States0.25%1.00%Dec 16 2008

South America
CountryCurrent Interest RatePreviousLast Change
Brazil8.75%9.25%Jul 31 2009

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