Interbank Rate in Benin increased to 6.46 percent in October from 5.76 percent in September of 2019. Benin Average Three Month Interbank Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Interbank Rate in Benin averaged 5.25 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. This page provides - Benin Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Benin is expected to be 6.46 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 6.21 in 12 months time. In the long-term, the Benin Average Three Month Interbank Rate is projected to trend around 5.96 percent in 2021, according to our econometric models.


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Benin Average Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.46 5.76 7.35 3.75 2005 - 2019 percent Monthly


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.