The central bank of Bahrain increased its key one-week deposit facility by 75bps to 2.50% on June 15th 2022, tracking a similar hike in the US Fed funds rate. The bank also raised its overnight deposit rate and lending rates by 75 bps to 2.25% and 3.75%, respectively. Bahrain usually follows the Fed's lead on interest rates as it maintains an exchange rate peg at 0.376 Bahraini dinars to the US dollar. source: Central Bank of Bahrain
Interest Rate in Bahrain averaged 1.49 percent from 2006 until 2022, reaching an all time high of 5 percent in February of 2007 and a record low of 0.50 percent in September of 2009. This page provides the latest reported value for - Bahrain Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bahrain Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Interest Rate in Bahrain is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahrain Interest Rate is projected to trend around 4.25 percent in 2023, according to our econometric models.