Dominican Republic Interest Rate  2004-2017 | Data | Chart | Calendar

The central bank of the Dominican Republic kept its benchmark interest at 5.25 percent in its August 31st of 2017 meeting after trimming it by 50 bps in the previous meeting. Consumer prices in Dominican Republic increased 2.54 percent year-on-year in July of 2017, easing slightly from a 2.55 percent rise in June, declining for the third straight month to the lowest since January, and still standing well below the target range of 4.0 percent ± 1.0 pp. Policymakers expect the inflation rate to stay at this level during the policy horizon and the GDP is expected to grow between 5.0-5.5 percent in 2017. Interest Rate in Dominican Republic averaged 7.60 percent from 2004 until 2017, reaching an all time high of 50 percent in February of 2004 and a record low of 1 percent in January of 2004.

Dominican Republic Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-30 10:00 PM Interest Rate Decision 5.75% 5.75% 5.75%
2017-07-31 08:00 PM Interest Rate Decision 5.25% 5.75% 5.75%
2017-08-31 11:00 PM Interest Rate Decision 5.25% 5.25% 5.25%
2017-09-30 04:50 PM Interest Rate Decision 5.25%
2017-10-31 04:50 PM Interest Rate Decision
2017-11-30 09:30 PM Interest Rate Decision

Dominican Republic Money Last Previous Highest Lowest Unit
Interest Rate 5.25 5.25 50.00 1.00 percent [+]
Deposit Interest Rate 7.20 6.60 21.12 4.86 percent [+]

Dominican Republic Interest Rate Notes

In the Dominican Republic, interest rate decisions are taken by the Central Bank of Dominican Republic. The official interest rate is the Overnight Interest Rate. This page provides the latest reported value for - Dominican Republic Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Dominican Republic Interest Rate - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.25 5.25 50.00 1.00 2004 - 2017 percent Daily

interest rate by Country

Russia 8.50 Sep/17
Brazil 8.25 Sep/17
Turkey 8.00 Sep/17
Mexico 7.00 Aug/17
India 6.00 Aug/17
Indonesia 4.50 Aug/17
China 4.35 Aug/17
Australia 1.50 Sep/17
South Korea 1.25 Aug/17
United States 1.25 Aug/17
Canada 1.00 Sep/17
United Kingdom 0.25 Sep/17
Euro Area 0.00 Sep/17
France 0.00 Sep/17
Germany 0.00 Sep/17
Italy 0.00 Sep/17
Netherlands 0.00 Sep/17
Spain 0.00 Sep/17
Japan -0.10 Aug/17
Switzerland -0.75 Sep/17