The Central Bank of Seychelles maintained its policy rate at 1.75% in the first quarter of 2026. Interest Rate in Seychelles averaged 2.72 percent from 2019 until 2026, reaching an all time high of 5.50 percent in February of 2019 and a record low of 1.75 percent in April of 2024. source: Central Bank of Seychelles

Interest Rate in Seychelles is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Seychelles Monetary Policy Rate is projected to trend around 1.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 42921.13 41170.61 SCR Million Dec 2025
Cash Reserve Ratio 13.00 13.00 percent Jan 2026
Central Bank Balance Sheet 14777.77 14860.43 SCR Million Dec 2025
Foreign Exchange Reserves 883.13 877.78 USD Million Jan 2026
Interest Rate 1.75 1.75 percent Mar 2026
Lending Rate 9.83 9.87 percent Dec 2025
Money Supply M1 9934.00 9972.00 SCR Million Dec 2025
Money Supply M2 18103.00 17981.00 SCR Million Dec 2025
Money Supply M3 29772.00 29525.00 SCR Million Dec 2025


Seychelles Monetary Policy Rate
In January 2019, the Central Bank of Seychelles' monetary policy framework transitioned from reserve money targeting to an interest rate-based framework whereby the focus of monetary policy shifted from indirectly influencing the intermediate target of money supply growth to guiding short term interest rates. This was done through the introduction of a Monetary Policy Rate (MPR). Until then, the Central Bank of Seychelles did not define a benchmark interest rate.
Actual Previous Highest Lowest Dates Unit Frequency
1.75 1.75 5.50 1.75 2019 - 2026 percent Daily