South Korea Three Month Interbank Rate was at 0.71 percent on Friday April 16. source: The Bank of Korea

Interbank Rate in South Korea averaged 2.78 percent from 2004 until 2021, reaching an all time high of 6.14 percent in October of 2008 and a record low of 0.57 percent in August of 2020. This page provides - South Korea Overnight Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Three Month Interbank Rate - values, historical data and charts - was last updated on April of 2021.

Interbank Rate in South Korea is expected to be 0.71 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 0.71 in 12 months time. In the long-term, the South Korea Three Month Interbank Rate is projected to trend around 0.71 percent in 2022 and 0.96 percent in 2023, according to our econometric models.

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South Korea Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.71 0.71 6.14 0.57 2004 - 2021 percent Daily

South Korea Money Last Previous Highest Lowest Unit
Interest Rate 0.50 0.50 5.25 0.50 percent [+]
Money Supply M0 138161000.00 136152600.00 138161000.00 11200.00 KRW Million [+]
Money Supply M1 1187295.10 1178748.60 1187295.10 260.40 KRW Billion [+]
Interbank Rate 0.71 0.71 6.14 0.57 percent [+]
Money Supply M2 3222127.40 3195887.30 3222127.40 590.60 KRW Billion [+]
Money Supply M3 4496064.70 4459390.00 4496064.70 57007.90 KRW Billion [+]
Foreign Exchange Reserves 446130.00 447560.00 447560.00 564.50 USD Million [+]
Loans to Private Sector 9953248.00 9863416.00 9953248.00 2603700.00 KRW Hundred Million [+]
Deposit Interest Rate 0.98 1.02 19.50 0.91 percent [+]
Private Debt To GDP 253.24 244.15 253.24 227.03 percent [+]
Lending Rate 1.50 1.50 2.50 1.50 percent [+]
Central Bank Balance Sheet 533549.50 538730.40 566929.80 310.30 KRW Billion [+]
Foreign Stock Investment 976286.60 774919.80 976286.60 34948.20 USD Million [+]


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