Interbank Rate in Kenya decreased to 2.98 percent in June from 5.61 percent in May of 2019. Interbank Rate in Kenya averaged 11.03 percent from 1991 until 2019, reaching an all time high of 68.30 percent in May of 1993 and a record low of 0.40 percent in August of 2003.
Interbank Rate in Kenya is expected to be 2.98 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Kenya to stand at 2.48 in 12 months time. In the long-term, the Kenya Interbank Rate is projected to trend around 2.98 percent in 2020, according to our econometric models.