Fiji Interest Rate  2010-2018 | 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 February of 2018 meeting, amid an expanding economy and a comfortable outlook for inflation and foreign reserves, as the upward traction in crude oil prices is now reversing. For 2018, the economy is seen growing for the ninth straight year, supported by higher private and government spending, tourism and a recovery in traditional sectors such as forestry and gold. Meantime, the foreign reserves remain at comfortable levels. As of 22 February foreign reserves stood at USD 2,161 million equivalent to 4.9 months of retained imports. Interest Rate in Fiji averaged 0.52 percent from 2010 until 2018, 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
2017-12-19 06:30 AM Interest Rate Decision 0.5% 0.5% 0.5%
2018-01-25 04:30 AM Interest Rate Decision 0.5% 0.5% 0.5%
2018-02-22 04:30 AM Interest Rate Decision 0.5% 0.5%
2018-03-29 03:30 AM Interest Rate Decision 0.5%
2018-04-26 03:30 AM Interest Rate Decision
2018-05-31 05:00 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. The RBF has two main objectives for monetary policy which include maintaining price stability and an adequate level of foreign reserves to support growth and improve economic prosperity and welfare for the people of Fiji. 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 March of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.50 2.50 0.50 2010 - 2018 percent Daily

interest rate by Country
Country Last
Turkey 8.00 Mar/18
Mexico 7.50 Feb/18
Russia 7.50 Feb/18
Brazil 6.75 Feb/18
India 6.00 Feb/18
China 4.35 Feb/18
Indonesia 4.25 Feb/18
Australia 1.50 Mar/18
South Korea 1.50 Feb/18
United States 1.50 Feb/18
Canada 1.25 Mar/18
United Kingdom 0.50 Feb/18
Euro Area 0.00 Mar/18
France 0.00 Mar/18
Germany 0.00 Mar/18
Italy 0.00 Mar/18
Netherlands 0.00 Mar/18
Spain 0.00 Mar/18
Japan -0.10 Mar/18
Switzerland -0.75 Mar/18