Interbank Rate in Uruguay decreased to 2.21 percent in July from 2.31 percent in June of 2019. Interbank Rate in Uruguay averaged 2.48 percent from 1998 until 2019, reaching an all time high of 7.11 percent in May of 2000 and a record low of 0.32 percent in May of 2014.
Interbank Rate in Uruguay is expected to be 2.74 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Uruguay to stand at 2.57 in 12 months time. In the long-term, the Uruguay Six Month Interbank Rate is projected to trend around 2.74 percent in 2020, according to our econometric models.