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

Bank	Rate	Next Meeting	Last Change
U.S. Federal Reserve (The Fed)	0.25%	Jul 29, 2020	-1% - Mar 2020
European Central Bank (ECB)	0%	Jul 16, 2020	-0.05% - Mar 2016
Bank of England (BoE)	0.1%	Aug 6, 2020	-0.15% - Mar 2020
Bank of Japan (BoJ)	-0.1%	Sep 17, 2020	-0.1% - Jan 2016
Swiss National Bank (SNB)	-0.75%	Sep 24, 2020	-0.5% - Jan 2015
Bank of Canada (BoC)	0.25%	Jul 15, 2020	-0.5% - Mar 2020
Reserve Bank of Australia (RBA)	0.25%	Aug 4, 2020	-0.25% - Mar 2020
Reserve Bank of New Zealand (RBNZ)	0.25%	Sep 23, 2020	-0.75% - Mar 2020

Emerging Markets Central Banks

Bank	Rate	Next Meeting	Last Change
People's Bank of China (PBoC)	3.85%		-0.2% - Apr 2020
Reserve Bank of India (RBI)	4%	Aug 6, 2020	-0.4% - May 2020
Central Bank of Brazil	2.25%	Aug 5, 2020	-0.75% - Jun 2020
Bank of Russia	4.5%	Jul 24, 2020	-1% - Jun 2020

Main Rates Around The World

Explore By Region

G20	Rate	Next Meeting	Last Change
United States	0.25%	Jul 29, 2020	-1% - Mar 2020
Euro Area	0%	Jul 16, 2020	-0.05% - Mar 2016
Australia	0.25%	Aug 4, 2020	-0.25% - Mar 2020
China	3.85%		-0.2% - Apr 2020
Brazil	2.25%	Aug 5, 2020	-0.75% - Jun 2020

Asia	Rate	Next Meeting	Last Change
China	3.85%		-0.2% - Apr 2020
Japan	-0.1%	Sep 17, 2020	-0.1% - Jan 2016
India	4%	Aug 6, 2020	-0.4% - May 2020
South Korea	0.5%	Jul 16, 2020	-0.25% - May 2020
Indonesia	4.25%	Jul 16, 2020	-0.25% - Jun 2020

Europe	Rate	Next Meeting	Last Change
Euro Area	0%	Jul 16, 2020	-0.05% - Mar 2016
United Kingdom	0.1%	Aug 6, 2020	-0.15% - Mar 2020
Switzerland	-0.75%	Sep 24, 2020	-0.5% - Jan 2015
Sweden	0%	Sep 22, 2020	+0.25% - Dec 2019
Russian Federation	4.5%	Jul 24, 2020	-1% - Jun 2020

North America	Rate	Next Meeting	Last Change
United States	0.25%	Jul 29, 2020	-1% - Mar 2020
Canada	0.25%	Jul 15, 2020	-0.5% - Mar 2020
Mexico	5%	Aug 13, 2020	-0.5% - Jun 2020

Pacific	Rate	Next Meeting	Last Change
Australia	0.25%	Aug 4, 2020	-0.25% - Mar 2020
New Zealand	0.25%	Sep 23, 2020	-0.75% - Mar 2020
Papua New Guinea	3%		-2% - Apr 2020
Fiji	0.25%	Jul 30, 2020	-0.25% - Mar 2020
New Caledonia	0.25%		-0.05% - Jun 2016

Middle East	Rate	Next Meeting	Last Change
Saudi Arabia	1%		-0.75% - Mar 2020
Israel	0.1%	Aug 24, 2020	-0.15% - Apr 2020
United Arab Emirates	1.5%		-0.5% - Mar 2020
Iran	18%		-2% - Aug 2016
Iraq	4%		-2% - Mar 2016

South America	Rate	Next Meeting	Last Change
Brazil	2.25%	Aug 5, 2020	-0.75% - Jun 2020
Argentina	38%		-2% - Mar 2020
Colombia	2.5%	Jul 31, 2020	-0.25% - Jun 2020
Chile	0.5%	Jul 15, 2020	-0.5% - Mar 2020
Peru	0.25%	Aug 13, 2020	-1% - Apr 2020

Africa	Rate	Next Meeting	Last Change
Nigeria	12.5%	Jul 20, 2020	-1% - May 2020
South Africa	3.75%	Jul 23, 2020	-0.5% - May 2020
Egypt	9.25%	Aug 13, 2020	-3% - Mar 2020
Algeria	3.75%		+0.75% - May 2020
Angola	15.5%	Jul 24, 2020	-0.25% - May 2019

Central America	Rate	Next Meeting	Last Change
Guatemala	1.75%		-0.25% - Jun 2020
Panama	1.36%		+0.01% - Jul 2018
Costa Rica	0.75%		-0.5% - Jun 2020
El Salvador	4.22%		-0.01% - May 2020
Honduras	4.5%	Aug 3, 2020	-0.75% - Mar 2020

Caribbean	Rate	Next Meeting	Last Change
Dominican Republic	3.5%	Jul 31, 2020	-1% - Mar 2020
Cuba	2.25%
Trinidad and Tobago	3.5%	Sep 25, 2020	-1.5% - Mar 2020
Jamaica	0.5%	Aug 18, 2020	-0.25% - Aug 2019
Bahamas	4%		-0.5% - Dec 2016

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