Interbank Rate in Portugal increased to -0.42 percent in September from -0.43 percent in August of 2019. Interbank Rate in Portugal averaged 3.23 percent from 1993 until 2019, reaching an all time high of 17.82 percent in April of 1993 and a record low of -0.44 percent in July of 2019.
Interbank Rate in Portugal is expected to be -0.31 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Portugal to stand at -0.44 in 12 months time. In the long-term, the Portugal Three Month Interbank Rate is projected to trend around 0.44 percent in 2020, according to our econometric models.