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

The Reserve Bank of Fiji left its benchmark interest rate on hold at a record low of 0.5 percent at its October 2017 meeting. Policymakers said the decision is consistent with effort to maintain twin monetary policy objectives. Inflation is expected to remain subdued into medium term notwithstanding any shocks. Meantime, growth prospects for the economy have improved with the growth forecast for 2017 and 2018 revised upward to 4.2 percent and 3.6 percent, respectively. Also, the foreign reserves are projected to remain comfortable during the rest of the year. 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
2017-08-31 06:00 AM Interest Rate Decision 0.5% 0.5%
2017-09-28 05:00 AM Interest Rate Decision 0.5% 0.5%
2017-11-02 07:50 AM Interest Rate Decision 0.5% 0.5%
2017-11-30 04:30 AM Interest Rate Decision 0.5%
2017-12-14 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 November 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
Country Last
Russia 8.25 Oct/17
Turkey 8.00 Oct/17
Brazil 7.50 Oct/17
Mexico 7.00 Nov/17
India 6.00 Oct/17
China 4.35 Oct/17
Indonesia 4.25 Nov/17
Australia 1.50 Nov/17
South Korea 1.25 Oct/17
United States 1.25 Nov/17
Canada 1.00 Oct/17
United Kingdom 0.50 Nov/17
Euro Area 0.00 Oct/17
France 0.00 Oct/17
Germany 0.00 Oct/17
Italy 0.00 Oct/17
Netherlands 0.00 Oct/17
Spain 0.00 Oct/17
Japan -0.10 Oct/17
Switzerland -0.75 Oct/17