Interbank Rate in South Korea increased to 2.98 percent on Saturday August 1 from 2.97 in the previous day. Interbank Rate in South Korea averaged 2.78 percent from 2004 until 2026, 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. source: The Bank of Korea

Interbank Rate in South Korea is expected to be 3.23 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 2.73 percent in 2027 and 2.48 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Central Bank Balance Sheet 601257.80 600614.80 KRW Billion May 2026
Foreign Exchange Reserves 427400.00 426990.00 USD Million Jun 2026
Interbank Rate 2.98 2.97 percent Aug 2026
Interest Rate 2.75 2.50 percent Jul 2026
Lending Rate 3.00 3.00 percent Jul 2026
Loans to Private Sector 1487408.20 1477156.30 KRW Billion May 2026
Money Supply M0 205023100.00 204393400.00 KRW Million May 2026
Money Supply M1 1408950.60 1393915.90 KRW Billion May 2026
Money Supply M2 4186152.20 4163359.30 KRW Billion May 2026
Money Supply M3 6314528.00 6260483.90 KRW Billion May 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
2.98 2.97 6.14 0.57 2004 - 2026 percent Daily