New Zealand Three Month Interbank Rate

Interbank Rate in New Zealand increased to 1.53 percent in September from 1.25 percent in August of 2019. Interbank Rate in New Zealand averaged 6.86 percent from 1986 until 2019, reaching an all time high of 24.25 percent in April of 1987 and a record low of 1.25 percent in August of 2019.

Interbank Rate in New Zealand is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in New Zealand to stand at 1.30 in 12 months time. In the long-term, the New Zealand Three Month Interbank Rate is projected to trend around 3.20 percent in 2020, according to our econometric models.

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New Zealand Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	1.00	1.00	67.32	1.00	percent	[+]
Interbank Rate	1.53	1.25	24.25	1.25	percent	[+]
Money Supply M0	6780.00	6771.00	213058.00	1081.00	NZD Million	[+]
Money Supply M1	72766.00	74553.00	74553.00	1585.70	NZD Million	[+]
Money Supply M3	317171.00	318977.00	318977.00	6726.00	NZD Million	[+]
Foreign Exchange Reserves	29482.00	27608.00	32785.00	1029.50	NZD Million	[+]
Banks Balance Sheet	575660.00	563052.00	575660.00	236047.00	NZD Million	[+]
Deposit Interest Rate	1.25	1.18	16.32	1.02	percent	[+]
Loans To Private Sector	117623.00	116857.00	117623.00	34958.00	NZD Million	[+]
Central Bank Balance Sheet	27822.00	24911.00	36050.00	7116.00	NZD Million	[+]

New Zealand Three Month Interbank Rate

In New Zealand, the interbank rate is the rate of interest charged on short-term loans made between banks.. This page provides - New Zealand Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Three Month Interbank Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.53	1.25	24.25	1.25	1986 - 2019	percent	Monthly

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Country	Last		Previous	Range
Argentina	67.21	Aug/19	58.41	1390 : 1.2	%
Turkey	15.27	Oct/19	15.27	28.52 : 4.74	%
Mexico	8.20	Sep/19	8.37	89.48 : 3.29	%
Russia	7.34	Aug/19	7.68	45.3 : 4.2	%
South Africa	6.78	Oct/19	6.78	16.96 : 5.06	%
Indonesia	5.81	Oct/19	5.81	57.79 : 4.19	%
Brazil	5.38	Oct/19	5.38	16.05 : 0.89	%
India	5.32	Oct/19	5.41	12.97 : 3.1	%
China	3.17	Oct/19	3.17	9.89 : 0	%
Saudi Arabia	2.48	Aug/19	2.68	5.24 : 0.6	%
United States	2.00	Oct/19	2	10.63 : 0.22	%
Canada	1.98	Oct/19	1.98	8.95 : 0.43	%
Singapore	1.87	Oct/19	1.87	9.84 : 0.34	%
South Korea	1.50	Oct/19	1.5	6.14 : 1.27	%
Australia	1.22	Sep/19	1.1	18.18 : 1.1	%
United Kingdom	0.78	Oct/19	0.78	15.63 : 0.28	%
Japan	-0.11	Oct/19	-0.11	8.5 : -0.12	%
Spain	-0.38	Oct/19	-0.38	15.75 : -0.4	%
France	-0.42	Sep/19	-0.41	5.13 : -0.42	%
Germany	-0.42	Sep/19	-0.41	14.57 : -0.42	%
Italy	-0.42	Sep/19	-0.41	20.51 : -0.42	%
Netherlands	-0.42	Sep/19	-0.43	14.19 : -0.44	%
Euro Area	-0.44	Oct/19	-0.44	5.39 : -0.48	%
Switzerland	-0.79	Oct/19	-0.79	10 : -0.96	%