United Arab Emirates Three Month Interbank Rate was quoted at 2.02 percent on Friday January 24. Interbank Rate in the United Arab Emirates averaged 2.48 percent from 2000 until 2020, reaching an all time high of 6.96 percent in June of 2000 and a record low of 0.68 percent in December of 2014.

Interbank Rate in the United Arab Emirates is expected to be 2.21 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in the United Arab Emirates to stand at 1.96 in 12 months time. In the long-term, the United Arab Emirates Three Month Interbank Rate is projected to trend around 1.96 percent in 2020, according to our econometric models.

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United Arab Emirates Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.02 2.02 6.96 0.68 2000 - 2020 percent Daily


United Arab Emirates Three Month Interbank Rate
The interbank rate is the rate of interest charged on short-term loans made between banks in the local currency.

United Arab Emirates Money Last Previous Highest Lowest Unit
Interest Rate 2.00 2.00 4.75 1.00 percent [+]
Money Supply M0 93700.00 94800.00 97700.00 26832.00 AED Million [+]
Money Supply M1 514800.00 512100.00 517400.00 39464.00 AED Million [+]
Interbank Rate 2.02 2.02 6.96 0.68 percent [+]
Money Supply M2 1411500.00 1380500.00 1411500.00 156480.00 AED Million [+]
Money Supply M3 1717400.00 1682300.00 1717400.00 506641.00 AED Million [+]
Banks Balance Sheet 2906.60 2904.60 2906.60 1456.20 AED Billion [+]
Loan Growth 4.10 3.80 10.20 1.70 percent [+]
Loans To Private Sector 802650.00 804217.00 812442.00 267578.00 AED Million [+]
Central Bank Balance Sheet 426.97 422.61 433.46 48.74 AED Billion [+]
Foreign Exchange Reserves 374.33 372.81 379.24 138.63 AED Billion [+]