Malawi Interest Rate  2001-2018 | Data | Chart | Calendar | Forecast

The Reserve Bank of Malawi cut its benchmark interest rate by 200 bps to 16 percent at its December 2017 meeting, saying it took into account the recent disinflation, inflation outlook and the consolidation of economic stability. Policymakers expect growth to rebound to around 5-6 percent in 2017, up from 2.7 percent in 2016. Inflation fell to 7.7 percent in November from 23.5 percent in July of 2016, mainly due to tight monetary policy, a stable currency and improved food availability. Interest Rate in Malawi averaged 25.69 percent from 2001 until 2017, reaching an all time high of 75.53 percent in February of 2001 and a record low of 13 percent in August of 2010.

Malawi Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2016-11-25 12:30 PM Interest Rate Decision 24% 27%
2017-03-24 04:15 PM Interest Rate Decision 22% 24%
2017-12-20 02:00 PM Interest Rate Decision 16.0% 18.0%
2018-03-28 02:00 PM Interest Rate Decision 16% 16%

Malawi Money Last Previous Highest Lowest Unit
Interest Rate 16.00 16.00 75.53 13.00 percent [+]
Deposit Interest Rate 11.60 11.60 37.27 3.50 percent [+]

Malawi Interest Rate

In Malawi, interest rates decisions are taken by the Reserve Bank of Malawi’s Monetary Policy Committee. The RBM’s official rate is the key interest rate. This page provides - Malawi Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malawi Interest Rate - actual data, historical chart and calendar of releases - was last updated on March of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
16.00 16.00 75.53 13.00 2001 - 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