South Korea Three Month Interbank Rate was quoted at 1.45 percent on Thursday August 15. Interbank Rate in South Korea averaged 2.98 percent from 2004 until 2019, reaching an all time high of 6.14 percent in October of 2008 and a record low of 1.27 percent in July of 2016.
Interbank Rate in South Korea is expected to be 1.66 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in South Korea to stand at 1.91 in 12 months time. In the long-term, the South Korea Three Month Interbank Rate is projected to trend around 2.16 percent in 2020, according to our econometric models.