The benchmark interest rate in Macau was last recorded at 0.50 percent. source: Monentary Authority of Macao

Interest Rate in Macau averaged 2.56 percent from 2000 until 2020, reaching an all time high of 8 percent in May of 2000 and a record low of 0.50 percent in December of 2008. This page provides the latest reported value for - Macao Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macau Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Interest Rate in Macau is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Macau to stand at 0.50 in 12 months time. In the long-term, the Macau Interest Rate is projected to trend around 0.50 percent in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Macau Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.50 8.00 0.50 2000 - 2020 percent Daily


Calendar GMT Actual Previous Consensus TEForecast
2019-09-19 05:00 AM 2.25% 2.5% 2.25%
2019-10-31 02:45 AM 2.0% 2.25% 2%
2020-03-04 03:50 AM 1.5% 2%
2020-03-16 12:00 AM 0.86% 1.5%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Macau Cuts Key Rate by 64 bps to 0.86%
The Monentary Authority of Macao lowered its base rate by 64bps to 0.86 percent on March 16th, after its Hong Kong counterpart made the same move following the US Federal Reserve's decision to slash rates to support the economy amid the coronavirus outbreak. Macao's pataca is linked to the Hong Kong dollar and the movements of policy rates in the two special administrative regions should be basically consistent, according to the bank statement. The Hong Kong dollar is linked to the US dollar under a similar linked exchange rate system.
2020-03-16
Macau Cuts Interest Rate to 1.5%
The Monentary Authority of Macao lowered its base rate by 50bps to 1.5 percent on March 4th, after its Hong Kong counterpart made the same move following the US Federal Reserve's decision to slash rates to support the economy amid the coronavirus outbreak. Macao's pataca is linked to the Hong Kong dollar and the movements of policy rates in the two special administrative regions should be basically consistent, according to the bank statement. The Hong Kong dollar is linked to the US dollar under a similar linked exchange rate system.
2020-03-04

Macau Interest Rate
In Macau, interest rate decisions are taken by the Macau Monetary Authority. The official interest rate is the Base Rate.