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)	1.75%	Mar 18, 2020	-0.25% - Oct 2019
European Central Bank (ECB)	0%	Mar 12, 2020	-0.05% - Mar 2016
Bank of England (BoE)	0.75%	Mar 26, 2020	+0.25% - Aug 2018
Bank of Japan (BoJ)	-0.1%	Mar 19, 2020	-0.1% - Jan 2016
Swiss National Bank (SNB)	-0.75%	Mar 19, 2020	-0.5% - Jan 2015
Bank of Canada (BoC)	1.75%	Mar 4, 2020	+0.25% - Oct 2018
Reserve Bank of Australia (RBA)	0.75%	Mar 3, 2020	-0.25% - Oct 2019
Reserve Bank of New Zealand (RBNZ)	1%	Mar 25, 2020	-0.5% - Aug 2019

Emerging Markets Central Banks

Bank	Rate	Next Meeting	Last Change
People's Bank of China (PBoC)	4.05%		-0.1% - Feb 2020
Reserve Bank of India (RBI)	5.15%	Apr 3, 2020	-0.25% - Oct 2019
Central Bank of Brazil	4.25%	Mar 18, 2020	-0.25% - Feb 2020
Bank of Russia	6%	Mar 20, 2020	-0.25% - Feb 2020

Main Rates Around The World

Explore By Region

G20	Rate	Next Meeting	Last Change
United States	1.75%	Mar 18, 2020	-0.25% - Oct 2019
Euro Area	0%	Mar 12, 2020	-0.05% - Mar 2016
Australia	0.75%	Mar 3, 2020	-0.25% - Oct 2019
China	4.05%		-0.1% - Feb 2020
Brazil	4.25%	Mar 18, 2020	-0.25% - Feb 2020

Asia	Rate	Next Meeting	Last Change
China	4.05%		-0.1% - Feb 2020
Japan	-0.1%	Mar 19, 2020	-0.1% - Jan 2016
India	5.15%	Apr 3, 2020	-0.25% - Oct 2019
South Korea	1.25%	Feb 27, 2020	-0.25% - Oct 2019
Indonesia	4.75%	Mar 19, 2020	-0.25% - Feb 2020

Europe	Rate	Next Meeting	Last Change
Euro Area	0%	Mar 12, 2020	-0.05% - Mar 2016
United Kingdom	0.75%	Mar 26, 2020	+0.25% - Aug 2018
Switzerland	-0.75%	Mar 19, 2020	-0.5% - Jan 2015
Sweden	0%	Apr 28, 2020	+0.25% - Dec 2019
Russian Federation	6%	Mar 20, 2020	-0.25% - Feb 2020

North America	Rate	Next Meeting	Last Change
United States	1.75%	Mar 18, 2020	-0.25% - Oct 2019
Canada	1.75%	Mar 4, 2020	+0.25% - Oct 2018
Mexico	7%	Mar 26, 2020	-0.25% - Feb 2020

Pacific	Rate	Next Meeting	Last Change
Australia	0.75%	Mar 3, 2020	-0.25% - Oct 2019
New Zealand	1%	Mar 25, 2020	-0.5% - Aug 2019
Papua New Guinea	5%		-0.5% - Dec 2019
Fiji	0.5%	Feb 27, 2020	-2% - Jan 2011
New Caledonia	0.25%		-0.05% - Jun 2016

Middle East	Rate	Next Meeting	Last Change
Saudi Arabia	2.25%		-0.25% - Oct 2019
Israel	0.25%	Feb 24, 2020	+0.15% - Nov 2018
United Arab Emirates	2%		-0.25% - Oct 2019
Iran	18%		-2% - Aug 2016
Iraq	4%		-2% - Mar 2016

South America	Rate	Next Meeting	Last Change
Brazil	4.25%	Mar 18, 2020	-0.25% - Feb 2020
Argentina	40%		-4% - Feb 2020
Colombia	4.25%	Mar 27, 2020	-0.25% - Apr 2018
Chile	1.75%	Mar 31, 2020	-0.25% - Oct 2019
Peru	2.25%	Mar 12, 2020	-0.25% - Nov 2019

Africa	Rate	Next Meeting	Last Change
Nigeria	13.5%	Mar 23, 2020	-0.5% - Mar 2019
South Africa	6.25%	Mar 19, 2020	-0.25% - Jan 2020
Egypt	12.25%	Apr 2, 2020	-1% - Nov 2019
Algeria	3.75%		+0.25% - May 2017
Angola	15.5%	Mar 27, 2020	-0.25% - May 2019

Central America	Rate	Next Meeting	Last Change
Guatemala	2.75%		-0.25% - Nov 2017
Panama	1.36%		+0.01% - Jul 2018
Costa Rica	2.25%		-0.5% - Jan 2020
El Salvador	4.25%		+0.01% - Dec 2019
Honduras	5.25%	Mar 23, 2020	-0.25% - Feb 2020

Caribbean	Rate	Next Meeting	Last Change
Dominican Republic	4.5%	Mar 2, 2020	-0.25% - Aug 2019
Cuba	2.25%
Trinidad and Tobago	5%	Mar 27, 2020	+0.25% - Jun 2018
Jamaica	0.5%	Mar 27, 2020	-0.25% - Aug 2019
Bahamas	4%		-0.5% - Dec 2016