Fiji Interest Rate  2010-2017 | Data | Chart | Calendar | Forecast | News

The Reserve Bank of Fiji kept its benchmark interest rate on hold at a record low of 0.5 percent at its August 2017 meeting. Policymakers noted that the positive outlook for inflation, foreign reserves and growth supports the continuation of a loose monetary policy stance. Furthermore, a high level of banking system liquidity was maintained to support credit demand as there are no threats to its objectives in the near term. “domestic economic activity remains firm on the back of expanding aggregate demand and better performances in the sugar and tourism industries” said Mr. Ariff Ali, Acting Governor and Chairman of the Board. Interest Rate in Fiji averaged 0.52 percent from 2010 until 2017, reaching an all time high of 2.50 percent in December of 2010 and a record low of 0.50 percent in January of 2011.

Fiji Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-29 03:30 AM Interest Rate Decision 0.5% 0.5%
2017-07-28 03:30 AM Interest Rate Decision 0.5% 0.5%
2017-08-31 06:00 AM Interest Rate Decision 0.5% 0.5%
2017-09-28 03:30 AM Interest Rate Decision 0.5%
2017-10-26 03:30 AM Interest Rate Decision
2017-11-30 04:30 AM Interest Rate Decision

Fiji Money Last Previous Highest Lowest Unit
Interest Rate 0.50 0.50 2.50 0.50 percent [+]
Deposit Interest Rate 2.82 2.50 7.04 1.24 percent [+]

Fiji Interest Rate

In Fiji, the interest rates decisions are taken by the Reserve Bank of Fiji. The official interest rate is the Overnight Policy rate. This page provides - Fiji Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Fiji Interest Rate - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.50 2.50 0.50 2010 - 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
China 4.35 Aug/17
Indonesia 4.25 Sep/17
Australia 1.50 Sep/17
South Korea 1.25 Aug/17
United States 1.25 Sep/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 Sep/17
Switzerland -0.75 Sep/17