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%	Dec 16, 2020	-1% - Mar 2020
European Central Bank (ECB)	0%	Dec 10, 2020	-0.05% - Mar 2016
Bank of England (BoE)	0.1%	Dec 17, 2020	-0.15% - Mar 2020
Bank of Japan (BoJ)	-0.1%	Dec 18, 2020	-0.1% - Jan 2016
Swiss National Bank (SNB)	-0.75%		-0.5% - Jan 2015
Bank of Canada (BoC)	0.25%	Dec 9, 2020	-0.5% - Mar 2020
Reserve Bank of Australia (RBA)	0.1%	Dec 1, 2020	-0.15% - Nov 2020
Reserve Bank of New Zealand (RBNZ)	0.25%	Feb 24, 2021	-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%	Dec 4, 2020	-0.4% - May 2020
Central Bank of Brazil	2%	Dec 9, 2020	-0.25% - Aug 2020
Bank of Russia	4.25%	Dec 18, 2020	-0.25% - Jul 2020

Main Rates Around The World

Explore By Region

G20	Rate	Next Meeting	Last Change
United States	0.25%	Dec 16, 2020	-1% - Mar 2020
Euro Area	0%	Dec 10, 2020	-0.05% - Mar 2016
Australia	0.1%	Dec 1, 2020	-0.15% - Nov 2020
China	3.85%		-0.2% - Apr 2020
Brazil	2%	Dec 9, 2020	-0.25% - Aug 2020

Asia	Rate	Next Meeting	Last Change
China	3.85%		-0.2% - Apr 2020
Japan	-0.1%	Dec 18, 2020	-0.1% - Jan 2016
India	4%	Dec 4, 2020	-0.4% - May 2020
South Korea	0.5%	Jan 15, 2021	-0.25% - May 2020
Indonesia	3.75%	Dec 17, 2020	-0.25% - Nov 2020

Europe	Rate	Next Meeting	Last Change
Euro Area	0%	Dec 10, 2020	-0.05% - Mar 2016
United Kingdom	0.1%	Dec 17, 2020	-0.15% - Mar 2020
Switzerland	-0.75%		-0.5% - Jan 2015
Sweden	0%		+0.25% - Dec 2019
Russian Federation	4.25%	Dec 18, 2020	-0.25% - Jul 2020

North America	Rate	Next Meeting	Last Change
United States	0.25%	Dec 16, 2020	-1% - Mar 2020
Canada	0.25%	Dec 9, 2020	-0.5% - Mar 2020
Mexico	4.25%	Dec 17, 2020	-0.25% - Sep 2020

Pacific	Rate	Next Meeting	Last Change
Australia	0.1%	Dec 1, 2020	-0.15% - Nov 2020
New Zealand	0.25%	Feb 24, 2021	-0.75% - Mar 2020
Papua New Guinea	3%		-2% - Apr 2020
Fiji	0.25%	Dec 10, 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%	Nov 30, 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%	Dec 9, 2020	-0.25% - Aug 2020
Argentina	36%		-1% - Oct 2020
Colombia	1.75%	Dec 18, 2020	-0.25% - Sep 2020
Chile	0.5%	Dec 7, 2020	-0.5% - Mar 2020
Peru	0.25%	Dec 10, 2020	-1% - Apr 2020

Africa	Rate	Next Meeting	Last Change
Nigeria	11.5%		-1% - Sep 2020
South Africa	3.5%	Jan 21, 2021	-0.25% - Jul 2020
Egypt	8.25%	Dec 24, 2020	-0.5% - Nov 2020
Algeria	3%		-0.75% - Jul 2020
Angola	15.5%	Jan 28, 2021	-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	3.93%		-0.19% - Sep 2020
Honduras	3.75%	Dec 14, 2020	-0.75% - Aug 2020

Caribbean	Rate	Next Meeting	Last Change
Dominican Republic	3%	Dec 2, 2020	-0.5% - Aug 2020
Cuba	2.25%
Trinidad and Tobago	3.5%	Dec 30, 2020	-1.5% - Mar 2020
Jamaica	0.5%	Dec 18, 2020	-0.25% - Aug 2019
Bahamas	4%		-0.5% - Dec 2016

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