The Macau Monetary Authority (AMCM) lowered its key interest rate by 25 basis point to 2.5 percent at its August meeting, following the Hong Kong Monetary Authority's move to match the US Federal Reserve rate cut. This was the first adjustment in interest rate in eight months and the first cut since November 2008. As the pataca is linked to the Hong Kong dollar, the movements of policy rates in Hong Kong and Macao should be basically consistent in order to maintain the effective operation of the linked exchange rate system. The Hong Kong dollar is linked to the US dollar under a similar linked exchange rate system. Interest Rate in Macau averaged 2.66 percent from 2000 until 2019, reaching an all time high of 8 percent in May of 2000 and a record low of 0.50 percent in December of 2008.

Interest Rate in Macau is expected to be 2.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Macau to stand at 2.25 in 12 months time. In the long-term, the Macau Interest Rate is projected to trend around 2.75 percent in 2020, according to our econometric models.

Macau Interest Rate
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-21 02:00 AM Interest Rate Decision 2.75% 2.5%
2019-08-01 05:30 AM Interest Rate Decision 2.50% 2.75% 2.5%
2019-09-19 02:00 AM Interest Rate Decision 2.5% 2.25%

Macau Money Last Previous Highest Lowest Unit
Interest Rate 2.50 2.75 8.00 0.50 percent [+]
Money Supply M1 80730.44 84294.16 87128.03 824.55 MOP Million [+]
Interbank Rate 2.34 2.58 6.99 0.15 percent [+]
Money Supply M2 662771.61 671099.88 671192.56 7381.00 MOP Million [+]
Money Supply M0 15711.20 15907.40 16233.00 1659.20 MOP Million [+]
Foreign Exchange Reserves 21021.36 20707.18 35458.60 55.12 USD Million [+]

Macau Interest Rate

In Macau, interest rate decisions are taken by the Macau Monetary Authority. The official interest rate is the Base Rate. This page provides the latest reported value for - Macao Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macau Interest Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.75 8.00 0.50 2000 - 2019 percent Daily

Country Last Previous
Argentina 85.99 Sep/19
Turkey 16.50 Sep/19
Mexico 8.00 Aug/19
Russia 7.00 Sep/19
South Africa 6.50 Aug/19
Brazil 6.00 Aug/19
Indonesia 5.50 Aug/19
India 5.40 Aug/19
China 4.25 Sep/19
Saudi Arabia 2.75 Aug/19
United States 2.25 Aug/19
Canada 1.75 Sep/19
Singapore 1.74 Aug/19
South Korea 1.50 Aug/19
Australia 1.00 Sep/19
United Kingdom 0.75 Aug/19
Euro Area 0.00 Sep/19
France 0.00 Sep/19
Germany 0.00 Sep/19
Italy 0.00 Sep/19
Netherlands 0.00 Sep/19
Spain 0.00 Sep/19
Japan -0.10 Aug/19
Switzerland -0.75 Aug/19