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%	Nov 5, 2020	-1% - Mar 2020
European Central Bank (ECB)	0%	Oct 29, 2020	-0.05% - Mar 2016
Bank of England (BoE)	0.1%	Nov 5, 2020	-0.15% - Mar 2020
Bank of Japan (BoJ)	-0.1%	Oct 29, 2020	-0.1% - Jan 2016
Swiss National Bank (SNB)	-0.75%		-0.5% - Jan 2015
Bank of Canada (BoC)	0.25%	Oct 28, 2020	-0.5% - Mar 2020
Reserve Bank of Australia (RBA)	0.25%	Oct 6, 2020	-0.25% - Mar 2020
Reserve Bank of New Zealand (RBNZ)	0.25%	Nov 11, 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%	Oct 1, 2020	-0.4% - May 2020
Central Bank of Brazil	2%	Oct 28, 2020	-0.25% - Aug 2020
Bank of Russia	4.25%	Oct 23, 2020	-0.25% - Jul 2020

Main Rates Around The World

Explore By Region

G20	Rate	Next Meeting	Last Change
United States	0.25%	Nov 5, 2020	-1% - Mar 2020
Euro Area	0%	Oct 29, 2020	-0.05% - Mar 2016
Australia	0.25%	Oct 6, 2020	-0.25% - Mar 2020
China	3.85%		-0.2% - Apr 2020
Brazil	2%	Oct 28, 2020	-0.25% - Aug 2020

Asia	Rate	Next Meeting	Last Change
China	3.85%		-0.2% - Apr 2020
Japan	-0.1%	Oct 29, 2020	-0.1% - Jan 2016
India	4%	Oct 1, 2020	-0.4% - May 2020
South Korea	0.5%	Oct 14, 2020	-0.25% - May 2020
Indonesia	4%	Oct 13, 2020	-0.25% - Jul 2020

Europe	Rate	Next Meeting	Last Change
Euro Area	0%	Oct 29, 2020	-0.05% - Mar 2016
United Kingdom	0.1%	Nov 5, 2020	-0.15% - Mar 2020
Switzerland	-0.75%		-0.5% - Jan 2015
Sweden	0%	Nov 26, 2020	+0.25% - Dec 2019
Russian Federation	4.25%	Oct 23, 2020	-0.25% - Jul 2020

North America	Rate	Next Meeting	Last Change
United States	0.25%	Nov 5, 2020	-1% - Mar 2020
Canada	0.25%	Oct 28, 2020	-0.5% - Mar 2020
Mexico	4.5%	Sep 24, 2020	-0.5% - Aug 2020

Pacific	Rate	Next Meeting	Last Change
Australia	0.25%	Oct 6, 2020	-0.25% - Mar 2020
New Zealand	0.25%	Nov 11, 2020	-0.75% - Mar 2020
Papua New Guinea	3%		-2% - Apr 2020
Fiji	0.25%	Sep 24, 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%	Oct 22, 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%	Oct 28, 2020	-0.25% - Aug 2020
Argentina	38%		-2% - Mar 2020
Colombia	2%	Sep 25, 2020	-0.25% - Aug 2020
Chile	0.5%	Oct 15, 2020	-0.5% - Mar 2020
Peru	0.25%	Oct 7, 2020	-1% - Apr 2020

Africa	Rate	Next Meeting	Last Change
Nigeria	11.5%	Nov 23, 2020	-1% - Sep 2020
South Africa	3.5%	Nov 19, 2020	-0.25% - Jul 2020
Egypt	9.25%	Sep 24, 2020	-3% - Mar 2020
Algeria	3.75%		+0.75% - Aug 2020
Angola	15.5%	Sep 28, 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	4.18%		-0.04% - Jul 2020
Honduras	3.75%	Sep 23, 2020	-0.75% - Aug 2020

Caribbean	Rate	Next Meeting	Last Change
Dominican Republic	3%	Oct 2, 2020	-0.5% - Aug 2020
Cuba	2.25%
Trinidad and Tobago	3.5%	Sep 25, 2020	-1.5% - Mar 2020
Jamaica	0.5%	Sep 30, 2020	-0.25% - Aug 2019
Bahamas	4%		-0.5% - Dec 2016

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