Interbank Rate in Venezuela decreased to 39.44 percent in June from 39.78 percent in May of 2020.

Interbank Rate in Venezuela averaged 25.67 percent from 1982 until 2020, reaching an all time high of 72.23 percent in September of 1998 and a record low of 12.48 percent in September of 1987. This page provides - Venezuela Commercial Bank Loan Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Commercial Bank Loan Rate - values, historical data and charts - was last updated on August of 2020.

Interbank Rate in Venezuela is expected to be 35.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Venezuela to stand at 23.00 in 12 months time. In the long-term, the Venezuela Commercial Bank Loan Rate is projected to trend around 23.00 percent in 2021 and 22.50 percent in 2022, according to our econometric models.

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Venezuela Commercial Bank Loan Rate

Actual Previous Highest Lowest Dates Unit Frequency
39.44 39.78 72.23 12.48 1982 - 2020 percent Monthly

Venezuela Money Last Previous Highest Lowest Unit
Interest Rate 39.44 39.78 83.73 12.79 percent [+]
Interbank Rate 39.44 39.78 72.23 12.48 percent [+]
Money Supply M0 86686817.30 66774950.45 86686817.30 0.00 VEF Million [+]
Money Supply M1 110166382.97 87575271.73 110166382.97 0.00 VEF Million [+]
Money Supply M2 110406613.32 87754551.78 110406613.32 0.00 VEF Million [+]
Money Supply M3 110406613.32 87754551.78 110406613.32 0.00 VEF Million [+]
Foreign Exchange Reserves 6479.00 6523.00 43127.00 514.50 USD Million [+]
Banks Balance Sheet 948548295.06 481733405.19 948548295.06 0.01 VEF Million [+]
Deposit Interest Rate 24.00 24.00 65.93 6.71 percent [+]
Central Bank Balance Sheet 8767992.57 7857952.81 8767992.57 0.00 VES Thousand [+]


Venezuela Commercial Bank Loan Rate
In Venezuela, the interbank rate is the rate of interest charged on short-term loans made between banks.