Interbank Rate in Benin decreased to 5.73 percent in August from 5.95 percent in July of 2019. Interbank Rate in Benin averaged 5.24 percent from 2005 until 2019, reaching an all time high of 7.35 percent in February of 2018 and a record low of 3.75 percent in November of 2015.

Interbank Rate in Benin is expected to be 5.27 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Benin to stand at 5.45 in 12 months time. In the long-term, the Benin Average Three Month Interbank Rate is projected to trend around 5.27 percent in 2020, according to our econometric models.

Benin Average Three Month Interbank Rate
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Benin Money Last Previous Highest Lowest Unit
Interest Rate 4.50 4.50 4.50 3.50 percent [+]
Interbank Rate 5.73 5.95 7.35 3.75 percent [+]
Deposit Interest Rate 6.49 6.93 8.58 6.49 percent [+]
Loans To Private Sector 1111255.00 1099183.00 1116234.00 321652.00 XOF Million [+]

Benin Average Three Month Interbank Rate

The interbank rate is the rate of interest charged on short-term loans made between banks in the local currency. This page provides - Benin Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Benin Average Three Month Interbank Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.73 5.95 7.35 3.75 2005 - 2019 percent Monthly

Country Last Previous
Argentina 67.21 Aug/19
Turkey 15.27 Oct/19
Mexico 8.20 Sep/19
Russia 7.34 Aug/19
South Africa 6.78 Oct/19
Indonesia 5.82 Oct/19
Brazil 5.38 Oct/19
India 5.32 Oct/19
China 2.95 Oct/19
Saudi Arabia 2.48 Aug/19
United States 1.98 Oct/19
Canada 1.97 Oct/19
Singapore 1.88 Oct/19
South Korea 1.50 Oct/19
Australia 1.22 Sep/19
United Kingdom 0.76 Oct/19
Japan -0.11 Oct/19
Spain -0.38 Oct/19
France -0.42 Sep/19
Germany -0.42 Sep/19
Italy -0.42 Sep/19
Netherlands -0.42 Sep/19
Euro Area -0.44 Oct/19
Switzerland -0.79 Oct/19