Interbank Rate in Portugal remained unchanged at -0.31 percent in January from -0.31 percent in December of 2018. Interbank Rate in Portugal averaged 3.32 percent from 1993 until 2019, reaching an all time high of 17.82 percent in April of 1993 and a record low of -0.33 percent in July of 2017.
Interbank Rate in Portugal is expected to be -0.32 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Portugal to stand at -0.22 in 12 months time. In the long-term, the Portugal Three Month Interbank Rate is projected to trend around -0.22 percent in 2020, according to our econometric models.