Japanese Yen LIBOR Three Month Rate increased to -0.06 percent on Tuesday April 23 from -0.07 percent in the previous trading day. Interbank Rate in Japan averaged 1.49 percent from 1986 until 2019, reaching an all time high of 8.50 percent in September of 1990 and a record low of -0.12 percent in December of 2018.
Interbank Rate in Japan is expected to be -0.06 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Japan to stand at -0.06 in 12 months time. In the long-term, the Japanese Yen LIBOR Three Month Rate is projected to trend around 0.04 percent in 2020, according to our econometric models.