China Three Month Interbank Rate decreased to 3.06 percent on Friday September 20 from 3.13 percent in the previous trading day. Interbank Rate in China averaged 3.70 percent from 2002 until 2019, reaching an all time high of 9.89 percent in June of 2013 and a record low of 0 percent in April of 2003.
Interbank Rate in China is expected to be 3.05 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in China to stand at 2.80 in 12 months time. In the long-term, the China Three Month Interbank Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.