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: 14th March 2014

        

Major Central Banks Overview
Central BankCurrent Interest RateNext MeetingLast Change
Bank of Canada 1% 04-16-2014 - 14:00 GMT 09-08-2010 - 13:00 GMT
Bank of England 0.5% 04-10-2014 - 11:00 GMT 03-05-2009 - 12:00 GMT
Bank of Japan 0.1% 04-08-2014 - 03:00 GMT 12-19-2008 - 05:27 GMT
European Central Bank 0.5% 04-03-2014 - 11:45 GMT 05-02-2013 - 11:45 GMT
Federal Reserve 0.25% 03-19-2014 - 18:00 GMT 12-16-2008 - 19:15 GMT
The Reserve Bank of Australia 2.50% 04-01-2014 - 04:30 GMT 08-06-2013 - 04:30 GMT
The Reserve Bank of New Zealand 2.75% 04-23-2014 - 20:00 GMT 03-12-2014 - 20:00 GMT
Swiss National Bank 0% 03-20-2014 - 08:30 GMT 08-03-2011 - 07:00 GMT
Africa
CountryCurrent RatePreviousLast Change
Egypt 8.75% 9.25% 09-19-2013 - 09:00 GMT
South Africa 5.5% 5% 01-29-2014 - 13:00 GMT
Asia Pacific
CountryCurrent RatePreviousLast Change
Australia 2.50% 2.75% 08-06-2013 - 04:30 GMT
China 6% 6.31% 07-05-2012 - 11:00 GMT
Hong Kong SAR 0.5% 1.5% 12-17-2008 - 02:00 GMT
India 8% 7.75% 01-28-2014 - 05:30 GMT
Indonesia 7.5% 7.25% 11-12-2013 - 09:00 GMT
Japan 0.1% 0.3% 12-19-2008 - 05:27 GMT
Korea, Republic of 2.5% 2.75% 05-09-2013 - 02:00 GMT
New Zealand 2.75% 2.5% 03-12-2014 - 20:00 GMT
Philippines 3.5% 3.75% 10-25-2012 - 08:30 GMT
Taiwan 1.88% 1.75% 07-01-2011 - 17:00 GMT
Europe
CountryCurrent RatePreviousLast Change
Czech Republic 0.05% 0.25% 11-01-2012 - 10:00 GMT
Denmark 1.25% 1.00% 07-08-2011 - 08:00 GMT
European Monetary Union 0.25% 0.50% 11-07-2013 - 12:45 GMT
Hungary 2.7% 2.85% 02-18-2014 - 11:33 GMT
Iceland 6% 5.75% 11-14-2012 - 09:00 GMT
Norway 1.5% 1.75% 03-14-2012 - 13:00 GMT
Poland 2.5% 2.75% 07-03-2013 - 12:51 GMT
Romania 3.5% 3.75% 02-04-2014 - 08:00 GMT
Sweden 0.75% 1% 12-17-2013 - 08:30 GMT
Switzerland 0% 0.25% 08-03-2011 - 07:00 GMT
United Kingdom 0.5% 1.0% 03-05-2009 - 12:00 GMT
Middle East
CountryCurrent RatePreviousLast Change
Bahrain 2.50% 2.75% 12/18/08 08:00 GMT
Turkey 10% 4.5% 01-28-2014 - 22:00 GMT
North America
CountryCurrent RatePreviousLast Change
Canada 1% 0.75% 09-08-2010 - 13:00 GMT
Mexico 3.5% 3.75% 10-25-2013 - 14:00 GMT
United States 0.25% 1.00% 12-16-2008 - 19:15 GMT
South America
CountryCurrent RatePreviousLast Change
Brazil 10.75% 10.50% 02-27-2014 - 07:20 GMT
Chile 4% 4.25% 03-13-2014 - 22:00 GMT
Colombia 3.25% 3.75% 03-28-2013 - 18:00 GMT
Peru 4.00% 4.25% 11-08-2013 - 23:00 GMT

        

News and ChartsLATEST NEWS

Claims Services will now be easier to penalise under new government plans
03 April 2014 - Which Way To Pay
Plans set out by the Ministry of justice could make Claims Services easier to penalise for unwanted nuisance phone calls.
Read More >>
The qualifications to look out for when looking for a Financial Advisor or Debt Management firm
03 April 2014 - Which Way To Pay
The qualifications a Financial Advisor or Debt Management Consultant requires to be able to offer FCA financial advice changed on 31st December 2012, but exactly are these?
Read More >>
Homeowners are unlikely to be covered by flood insurance scheme due to loophole
18 February 2014 - Which Way To Pay
Insurers say thousands of homes on the Somerset Levels, the areas worst hit by the storms and flooding, could be affected by the loophole in the new flood insurance scheme.
Read More >>
How to make a claim on your home insurance if your house has been damaged in the recent storms
18 February 2014 - Which Way To Pay
Has your home been damaged with the recent storms? Check your home insurance policy to see if you are covered.
Read More >>
New on Which Way To Pay: Shelby Finance short term loan
29 January 2014 - Which Way To Pay

Application for your Shelby short term loan is extremely easy

Read More >>