The benchmark interest rate in Maldives was last recorded at 7 percent.

Interest Rate in Maldives averaged 6.64 percent from 2009 until 2020, reaching an all time high of 7 percent in March of 2012 and a record low of 4.46 percent in December of 2010. This page provides the latest reported value for - Maldives Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Maldives Interest Rate - values, historical data and charts - was last updated on October of 2020.

Interest Rate in Maldives is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Maldives to stand at 6.50 in 12 months time. In the long-term, the Maldives Interest Rate is projected to trend around 6.50 percent in 2021, according to our econometric models.

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Maldives Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 7.00 4.46 2009 - 2020 percent Daily

Maldives Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 7.00 4.46 percent [+]
Deposit Interest Rate 3.47 3.66 9.09 3.47 percent [+]
Money Supply M0 10310.40 11114.20 14826.10 8644.20 MVR Million [+]
Money Supply M1 17734.40 17732.40 17734.40 2347.60 MVR Million [+]
Money Supply M2 37009.00 37661.10 38656.60 5543.50 MVR Million [+]
Central Bank Balance Sheet 195602.00 212648.00 212648.00 3800.45 MVR Million [+]
Foreign Exchange Reserves 8772.60 10007.50 14445.10 3402.28 MVR Million [+]


Maldives Interest Rate
In the Maldives, interest rate decisions are taken by the Maldives Monetary Authority. The official interest rate is the 1-week Reverse Repo Rate.