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

The Reserve Bank of Fiji kept its benchmark interest rate on hold at the record low of 0.5 percent at its May 2017 meeting. The bank expects annual inflation to fall to 3 percent by the end of the year as supply for agricultural produce returns to normal levels. "Domestically, real sector outcomes have been mixed to date, however, aggregate demand conditions remain positive, largely underpinned by buoyant consumption and improving investment activity.” said Mr. Barry Whiteside, Governor and Chairman of the Board. Interest Rate in Fiji averaged 0.53 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 Forecast (i)
2017-02-23 04:30 AM Interest Rate Decision 0.5% 0.5%
2017-03-30 03:30 AM Interest Rate Decision 0.5% 0.5%
2017-05-26 05:00 AM Interest Rate Decision 0.5% 0.5%
2017-06-29 03:30 AM Interest Rate Decision 0.5%
2017-07-27 03:30 AM Interest Rate Decision
2017-08-31 03:30 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 2.50 1.86 7.04 1.24 percent [+]

Fiji Interest Rate Notes

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 June 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

Brazil 10.25 May/17
Russia 9.00 Jun/17
Turkey 8.00 Jun/17
Mexico 7.00 Jun/17
India 6.25 Jun/17
Indonesia 4.75 Jun/17
China 4.35 Jun/17
Australia 1.50 Jun/17
South Korea 1.25 May/17
United States 1.25 Jun/17
Canada 0.50 May/17
United Kingdom 0.25 Jun/17
Euro Area 0.00 Jun/17
France 0.00 Jun/17
Germany 0.00 Jun/17
Italy 0.00 Jun/17
Netherlands 0.00 Jun/17
Spain 0.00 Jun/17
Japan -0.10 Jun/17
Switzerland -0.75 Jun/17