South Korea Three Month Interbank Rate was at 1.05 percent on Wednesday October 27. source: The Bank of Korea

Interbank Rate in South Korea averaged 2.72 percent from 2004 until 2021, reaching an all time high of 6.14 percent in October of 2008 and a record low of 0.57 percent in August of 2020. This page provides - South Korea Overnight Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Three Month Interbank Rate - values, historical data and charts - was last updated on October of 2021.

Interbank Rate in South Korea is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Three Month Interbank Rate is projected to trend around 1.55 percent in 2022 and 1.80 percent in 2023, according to our econometric models.

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South Korea Three Month Interbank Rate

Related Last Previous Unit Reference
Interest Rate 0.75 0.75 percent Oct/21
Interbank Rate 1.05 1.05 percent Oct/21
Money Supply M1 1333808.10 1292550.90 KRW Billion Aug/21
Money Supply M0 147345000.00 146162500.00 KRW Million Aug/21
Money Supply M2 3507331.50 3437379.30 KRW Billion Aug/21
Money Supply M3 4786149.80 4744136.70 KRW Billion Aug/21
Foreign Exchange Reserves 463970.00 463930.00 USD Million Sep/21
Loans to Private Sector 10490045.00 10413465.00 KRW Hundred Million Sep/21
Lending Rate 1.75 1.75 percent Oct/21
Central Bank Balance Sheet 574187.90 562560.50 KRW Billion Aug/21
Foreign Stock Investment 1055887.80 999689.00 USD Million Jun/21
South Korea Three Month Interbank Rate
In South Korea, the interbank rate is the rate of interest charged on short-term loans made between banks..