Interbank Rate in South Africa remained unchanged at 6.60 percent on Thursday March 12. Interbank Rate in South Africa averaged 6.15 percent from 2016 until 2026, reaching an all time high of 8.18 percent in November of 2023 and a record low of 3.30 percent in September of 2020. source: South African Reserve Bank
Interbank Rate in South Africa is expected to be 6.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Rand Overnight Index Average ZARONIA is projected to trend around 5.85 percent in 2027 and 5.35 percent in 2028, according to our econometric models.