Philippines up to One Day Interbank Rate increased to 4.78 percent on Monday November 19 from 4.72 percent in the previous trading day. Interbank Rate in Philippines averaged 8.41 percent from 1990 until 2018, reaching an all time high of 102.63 percent in October of 1997 and a record low of 0 percent in March of 2017.
Interbank Rate in Philippines is expected to be 4.72 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Philippines to stand at 4.22 in 12 months time. In the long-term, the Philippines up to One Day Interbank Rate is projected to trend around 3.47 percent in 2020, according to our econometric models.