The current interest rates by country central bank are summarized on this page. The rate at which banks can borrow money from the central bank is known as the current interest rate. The monetary policy of central banks is shaped by interest rates. The summary includes information on each central bank’s historical and present interest rates. You can visit a page with a wealth of additional information by clicking the name of the interest rate in the first column.
Here is the Current interest rates by country central bank
Central banks current interest rates as of November 2022 :
Name of Central bank/Fed | country/region | current rate | previous rate | Last change |
American interest rate FED | United States | 4.000 % | 3.250 % | 11-02-2022 |
Australian interest rate RBA | Australia | 2.850 % | 2.600 % | 11-01-2022 |
Banco Central interest rate | Chile | 11.250 % | 10.750 % | 10-13-2022 |
Bank of Korea interest rate | South Korea | 3.000 % | 2.500 % | 10-12-2022 |
Brazilian interest rate BACEN | Brazil | 13.750 % | 13.250 % | 08-04-2022 |
British interest rate BoE | Great Britain | 3.000 % | 2.250 % | 11-03-2022 |
Canadian interest rate BOC | Canada | 3.750 % | 3.250 % | 10-26-2022 |
Chinese interest rate PBC | China | 3.650 % | 3.700 % | 08-22-2022 |
Czech interest rate CNB | Czech Republic | 7.000 % | 5.750 % | 06-22-2022 |
Danish interest rate Nationalbanken | Denmark | 1.400 % | 0.800 % | 10-27-2022 |
European interest rate ECB | Europe | 2.000 % | 1.250 % | 10-27-2022 |
Hungarian interest rate | Hungary | 13.000 % | 11.750 % | 09-27-2022 |
Indian interest rate RBI | India | 5.900 % | 5.400 % | 09-30-2022 |
Indonesian interest rate BI | Indonesia | 6.500 % | 6.750 % | 06-16-2016 |
Israeli interest rate BOI | Israel | 2.750 % | 2.000 % | 10-03-2022 |
Japanese interest rate BoJ | Japan | -0.100 % | 0.000 % | 02-01-2016 |
Mexican interest rate Banxico | Mexico | 9.250 % | 8.500 % | 09-29-2022 |
New Zealand interest rate | New Zealand | 3.500 % | 3.000 % | 10-05-2022 |
Norwegian interest rate | Norway | 2.250 % | 1.750 % | 09-22-2022 |
Polish interest rate | Poland | 6.750 % | 6.500 % | 09-07-2022 |
Russian interest rate CBR | Russia | 7.500 % | 8.000 % | 09-16-2022 |
Saudi Ariabian interest rate | Saudi Arabia | 3.750 % | 3.000 % | 09-22-2022 |
South African interest rate SARB | South Africa | 6.250 % | 5.500 % | 09-22-2022 |
Swedish interest rate Riksbank | Sweden | 1.750 % | 0.750 % | 09-20-2022 |
Swiss interest rate SNB | Switzerland | 0.500 % | -0.250 % | 09-22-2022 |
Turkish interest rate CBRT | Turkey | 10.500 % | 12.000 % | 10-20-2022 |
while Japan , China and Switzerland still holding negative interest rate to support the economy , other western countries are clamping hard on rising interest rates and moving into contractionary monetary policies.
Countries like turkey , brazil are holding more than 10% interest rates to fight the rising inflation.
Do also check out our chart section to get more and following us on twitter will be helpful.