Global Central Banks Rates

A country’s central bank rate (discount rate) is the rate at which commercial banks can borrow money from the central bank, in turn affecting borrowing costs across the country. The interest rate is the most important conventional monetary policy tool at the disposal of the central bank.

The central bank interest rates affect the Foreign exchange, Bonds and Equity markets and are closely followed by investors.

We have summarized a global overview of the central bank interest rates, with the option to dive in and explore the interest rate history of each country across the world.

Major Central Banks

BankRateNext MeetingLast Change
U.S. Federal Reserve (The Fed)
2.5%
Jul 31, 2019
+0.25% - Dec 2018
European Central Bank (ECB)
0%
Jul 25, 2019
-0.05% - Mar 2016
Bank of England (BoE)
0.75%
Aug 1, 2019
+0.25% - Aug 2018
Bank of Japan (BoJ)
-0.1%
Jul 30, 2019
-0.1% - Jan 2016
Swiss National Bank (SNB)
-0.75%
Sep 19, 2019
-0.5% - Jan 2015
Bank of Canada (BoC)
1.75%
Sep 4, 2019
+0.25% - Oct 2018
Reserve Bank of Australia (RBA)
1%
Aug 6, 2019
-0.25% - Jul 2019
Reserve Bank of New Zealand (RBNZ)
1.5%
Aug 7, 2019
-0.25% - May 2019
BankNext MeetingLast Change
The Fed
2.5%
Jul 31, 2019
+0.25%
Dec 2018
ECB
0%
Jul 25, 2019
-0.05%
Mar 2016
BoE
0.75%
Aug 1, 2019
+0.25%
Aug 2018
BoJ
-0.1%
Jul 30, 2019
-0.1%
Jan 2016
SNB
-0.75%
Sep 19, 2019
-0.5%
Jan 2015
BoC
1.75%
Sep 4, 2019
+0.25%
Oct 2018
RBA
1%
Aug 6, 2019
-0.25%
Jul 2019
RBNZ
1.5%
Aug 7, 2019
-0.25%
May 2019

Emerging Markets Central Banks

BankRateNext MeetingLast Change
People's Bank of China (PBoC)
4.35%
-0.25% - Oct 2015
Reserve Bank of India (RBI)
5.75%
Aug 7, 2019
-0.25% - Jun 2019
Central Bank of Brazil
6.5%
Jul 31, 2019
-0.25% - Mar 2018
Bank of Russia
7.5%
Jul 26, 2019
-0.25% - Jun 2019
BankNext MeetingLast Change
PBoC
4.35%
-0.25%
Oct 2015
RBI
5.75%
Aug 7, 2019
-0.25%
Jun 2019
CBoB
6.5%
Jul 31, 2019
-0.25%
Mar 2018
BoR
7.5%
Jul 26, 2019
-0.25%
Jun 2019

Main Rates Around The World

Explore By Region

G20RateNext MeetingLast Change
United States
2.5%
Jul 31, 2019
+0.25% - Dec 2018
Australia
1%
Aug 6, 2019
-0.25% - Jul 2019
China
4.35%
-0.25% - Oct 2015
Brazil
6.5%
Jul 31, 2019
-0.25% - Mar 2018
G20
CountryNext MeetingLast Change
United States
2.5%
Jul 31, 2019
+0.25%
Dec 2018
Australia
1%
Aug 6, 2019
-0.25%
Jul 2019
China
4.35%
-0.25%
Oct 2015
Brazil
6.5%
Jul 31, 2019
-0.25%
Mar 2018
AsiaRateNext MeetingLast Change
China
4.35%
-0.25% - Oct 2015
Japan
-0.1%
Jul 30, 2019
-0.1% - Jan 2016
India
5.75%
Aug 7, 2019
-0.25% - Jun 2019
South Korea
1.5%
Aug 30, 2019
-0.25% - Jul 2019
Indonesia
5.75%
Aug 22, 2019
-0.25% - Jul 2019
Asia
CountryNext MeetingLast Change
China
4.35%
-0.25%
Oct 2015
Japan
-0.1%
Jul 30, 2019
-0.1%
Jan 2016
India
5.75%
Aug 7, 2019
-0.25%
Jun 2019
South Korea
1.5%
Aug 30, 2019
-0.25%
Jul 2019
Indonesia
5.75%
Aug 22, 2019
-0.25%
Jul 2019
EuropeRateNext MeetingLast Change
United Kingdom
0.75%
Aug 1, 2019
+0.25% - Aug 2018
Switzerland
-0.75%
Sep 19, 2019
-0.5% - Jan 2015
Sweden
-0.25%
Sep 5, 2019
+0.25% - Dec 2018
Russian Federation
7.5%
Jul 26, 2019
-0.25% - Jun 2019
Europe
CountryNext MeetingLast Change
United Kingdom
0.75%
Aug 1, 2019
+0.25%
Aug 2018
Switzerland
-0.75%
Sep 19, 2019
-0.5%
Jan 2015
Sweden
-0.25%
Sep 5, 2019
+0.25%
Dec 2018
Russian Federation
7.5%
Jul 26, 2019
-0.25%
Jun 2019
North AmericaRateNext MeetingLast Change
United States
2.5%
Jul 31, 2019
+0.25% - Dec 2018
Canada
1.75%
Sep 4, 2019
+0.25% - Oct 2018
Mexico
8.25%
Aug 15, 2019
+0.25% - Dec 2018
North America
CountryNext MeetingLast Change
United States
2.5%
Jul 31, 2019
+0.25%
Dec 2018
Canada
1.75%
Sep 4, 2019
+0.25%
Oct 2018
Mexico
8.25%
Aug 15, 2019
+0.25%
Dec 2018
PacificRateNext MeetingLast Change
Australia
1%
Aug 6, 2019
-0.25% - Jul 2019
New Zealand
1.5%
Aug 7, 2019
-0.25% - May 2019
Papua New Guinea
6.25%
-0.5% - Mar 2013
Fiji
0.5%
Jul 25, 2019
-2% - Jan 2011
New Caledonia
0.25%
-0.05% - Jun 2016
Pacific
CountryNext MeetingLast Change
Australia
1%
Aug 6, 2019
-0.25%
Jul 2019
New Zealand
1.5%
Aug 7, 2019
-0.25%
May 2019
Papua New Guinea
6.25%
-0.5%
Mar 2013
Fiji
0.5%
Jul 25, 2019
-2%
Jan 2011
New Caledonia
0.25%
-0.05%
Jun 2016
Middle EastRateNext MeetingLast Change
Saudi Arabia
3%
+0.25% - Dec 2018
Israel
0.25%
Aug 28, 2019
+0.15% - Nov 2018
United Arab Emirates
2.75%
+0.25% - Dec 2018
Iran
18%
-2% - Aug 2016
Iraq
4%
-2% - Mar 2016
Middle East
CountryNext MeetingLast Change
Saudi Arabia
3%
+0.25%
Dec 2018
Israel
0.25%
Aug 28, 2019
+0.15%
Nov 2018
United Arab Emirates
2.75%
+0.25%
Dec 2018
Iran
18%
-2%
Aug 2016
Iraq
4%
-2%
Mar 2016
South AmericaRateNext MeetingLast Change
Brazil
6.5%
Jul 31, 2019
-0.25% - Mar 2018
Argentina
58.8%
-0.03% - Jul 2019
Colombia
4.25%
Jul 26, 2019
-0.25% - Apr 2018
Chile
2.5%
Jul 18, 2019
-0.5% - Jun 2019
Peru
2.75%
Aug 8, 2019
-0.25% - Mar 2018
South America
CountryNext MeetingLast Change
Brazil
6.5%
Jul 31, 2019
-0.25%
Mar 2018
Argentina
58.8%
-0.03%
Jul 2019
Colombia
4.25%
Jul 26, 2019
-0.25%
Apr 2018
Chile
2.5%
Jul 18, 2019
-0.5%
Jun 2019
Peru
2.75%
Aug 8, 2019
-0.25%
Mar 2018
AfricaRateNext MeetingLast Change
Nigeria
13.5%
Jul 23, 2019
-0.5% - Mar 2019
South Africa
6.75%
Jul 18, 2019
+0.25% - Nov 2018
Egypt
15.75%
Aug 22, 2019
-1% - Feb 2019
Algeria
3.75%
+0.25% - May 2017
Angola
15.5%
Jul 26, 2019
-0.25% - May 2019
Africa
CountryNext MeetingLast Change
Nigeria
13.5%
Jul 23, 2019
-0.5%
Mar 2019
South Africa
6.75%
Jul 18, 2019
+0.25%
Nov 2018
Egypt
15.75%
Aug 22, 2019
-1%
Feb 2019
Algeria
3.75%
+0.25%
May 2017
Angola
15.5%
Jul 26, 2019
-0.25%
May 2019
Central AmericaRateNext MeetingLast Change
Guatemala
2.75%
-0.25% - Nov 2017
Panama
1.36%
+0.01% - Jul 2018
Costa Rica
4.5%
-0.25% - Jun 2019
El Salvador
4.24%
-0.07% - Apr 2019
Honduras
5.75%
Aug 5, 2019
+0.25% - Jan 2019
Central America
CountryNext MeetingLast Change
Guatemala
2.75%
-0.25%
Nov 2017
Panama
1.36%
+0.01%
Jul 2018
Costa Rica
4.5%
-0.25%
Jun 2019
El Salvador
4.24%
-0.07%
Apr 2019
Honduras
5.75%
Aug 5, 2019
+0.25%
Jan 2019
CaribbeanRateNext MeetingLast Change
Dominican Republic
5%
Jul 30, 2019
-0.5% - Jun 2019
Cuba
2.25%
Trinidad and Tobago
5%
+0.25% - Jun 2018
Jamaica
0.75%
Aug 27, 2019
-0.5% - May 2019
Bahamas
4%
-0.5% - Dec 2016
Caribbean
CountryNext MeetingLast Change
Dominican Republic
5%
Jul 30, 2019
-0.5%
Jun 2019
Cuba
2.25%
Trinidad and Tobago
5%
+0.25%
Jun 2018
Jamaica
0.75%
Aug 27, 2019
-0.5%
May 2019
Bahamas
4%
-0.5%
Dec 2016