Interbank Rate in Saudi Arabia increased to 2.24 percent in December from 2.23 percent in November of 2019. Saudi Arabia 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 Saudi Arabia averaged 1.84 percent from 2006 until 2019, reaching an all time high of 5.24 percent in February of 2007 and a record low of 0.60 percent in August of 2011. This page provides - Saudi Arabia Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Saudi Arabian Monetary Agency

Interbank Rate in Saudi Arabia is expected to be 2.24 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Saudi Arabia to stand at 2.24 in 12 months time. In the long-term, the Saudi Arabia Average Three Month Interbank Rate is projected to trend around 2.74 percent in 2021, according to our econometric models.


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Saudi Arabia Average Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.24 2.23 5.24 0.60 2006 - 2019 percent Monthly


Saudi Arabia Average Three Month Interbank Rate
In Saudi Arabia, the interbank rate is the rate of interest charged on short-term loans made between banks..