Interbank Rate in Saudi Arabia decreased to 1.13 percent in May from 1.23 percent in April of 2020.
Interbank Rate in Saudi Arabia averaged 1.83 percent from 2006 until 2020, reaching an all time high of 5.24 percent in February of 2007 and a record low of 0.60 percent in August of 2011. This page provides - Saudi Arabia Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Average Three Month Interbank Rate - values, historical data and charts - was last updated on July of 2020. source: Saudi Arabian Monetary Agency
Interbank Rate in Saudi Arabia is expected to be 1.13 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Saudi Arabia to stand at 1.13 in 12 months time. In the long-term, the Saudi Arabia Average Three Month Interbank Rate is projected to trend around 1.13 percent in 2021, according to our econometric models.