South Korea Three Month Interbank Rate was at 0.74 percent on Friday January 22. source: The Bank of Korea

Interbank Rate in South Korea averaged 2.81 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 January of 2021.

Interbank Rate in South Korea is expected to be 0.67 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 2.12 in 12 months time. In the long-term, the South Korea Three Month Interbank Rate is projected to trend around 0.67 percent in 2022 and 1.42 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
0.74 0.74 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 133474600.00 132521800.00 133474600.00 11200.00 KRW Million [+]
Money Supply M1 1169039.30 1140940.90 1169039.30 260.40 KRW Billion [+]
Interbank Rate 0.74 0.74 6.14 0.57 percent [+]
Money Supply M2 3197997.40 3161715.70 3197997.40 590.60 KRW Billion [+]
Money Supply M3 4462726.20 4414975.50 4462726.20 57007.90 KRW Billion [+]
Foreign Exchange Reserves 443100.00 436380.00 443100.00 564.50 USD Million [+]
Loans to Private Sector 9763726.00 9819925.00 9819925.00 2603700.00 KRW Hundred Million [+]
Deposit Interest Rate 1.00 0.91 19.50 0.91 percent [+]
Private Debt To GDP 260.80 253.30 260.80 237.30 percent [+]
Lending Rate 1.50 1.50 2.50 1.50 percent [+]
Central Bank Balance Sheet 543579.60 533752.90 566929.80 310.30 KRW Billion [+]
Foreign Stock Investment 774919.80 702507.40 777115.40 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..