Congo Interest Rate

The benchmark interest rate in Congo was last recorded at 9 percent. Interest Rate in Congo averaged 18.30 percent from 2008 until 2019, reaching an all time high of 70 percent in January of 2010 and a record low of 2 percent in November of 2013.

Interest Rate in Congo is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Congo to stand at 9.00 in 12 months time. In the long-term, the Congo Interest Rate is projected to trend around 9.00 percent in 2020, according to our econometric models.

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Congo Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	9.00	9.00	70.00	2.00	percent	[+]
Money Supply M1	2642916.00	2714461.00	2714461.00	805418.00	CDF Million	[+]
Money Supply M2	11295290.00	10945506.00	11295290.00	605562.00	CDF Million	[+]
Foreign Exchange Reserves	3894.18	3983.06	4597.99	2441.14	USD Million	[+]

In DR Congo, interest rates decisions are taken by the Monetary Policy Committee of the Central Bank of DR Congo (BCC). The official interest rate is the BCC’s key rate. This page provides - Congo Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Congo Interest Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	9.00	9.00	70.00	2.00	2008 - 2019	percent	Daily

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Country	Last		Previous	Range
Argentina	83.21	Sep/19	83.46	1390 : 1.2	%
Turkey	16.50	Sep/19	19.75	500 : 4.5	%
Mexico	8.00	Aug/19	8.25	9.25 : 3	%
Russia	7.00	Sep/19	7.25	17 : 5	%
South Africa	6.50	Aug/19	6.5	23.99 : 5	%
Brazil	5.50	Sep/19	6	45 : 5.5	%
India	5.40	Aug/19	5.75	14.5 : 4.25	%
Indonesia	5.25	Sep/19	5.5	12.75 : 4.25	%
China	4.25	Sep/19	4.25	5.77 : 4.25	%
Saudi Arabia	2.50	Sep/19	2.75	7 : 1.5	%
United States	2.00	Sep/19	2.25	20 : 0.25	%
Canada	1.75	Sep/19	1.75	16 : 0.25	%
Singapore	1.74	Aug/19	1.94	20 : -0.75	%
South Korea	1.50	Aug/19	1.5	5.25 : 1.25	%
Australia	1.00	Sep/19	1	17.5 : 1	%
United Kingdom	0.75	Sep/19	0.75	17 : 0.25	%
Euro Area	0.00	Sep/19	0	4.75 : 0	%
France	0.00	Sep/19	0	4.75 : 0	%
Germany	0.00	Sep/19	0	4.75 : 0	%
Italy	0.00	Sep/19	0	4.75 : 0	%
Netherlands	0.00	Sep/19	0	4.75 : 0	%
Spain	0.00	Sep/19	0	4.75 : 0	%
Japan	-0.10	Sep/19	-0.1	9 : -0.1	%
Switzerland	-0.75	Sep/19	-0.75	3.5 : -0.75	%