United Arab Emirates Three Month Interbank Rate

The United Arab Emirates Three Month Interbank Rate increased to 2.92 percent on Wednesday December 12 from 2.90 percent in the previous trading day. Interbank Rate in the United Arab Emirates averaged 2.48 percent from 2000 until 2018, reaching an all time high of 6.96 percent in June of 2000 and a record low of 0.68 percent in December of 2014.

Interbank Rate in the United Arab Emirates is expected to be 2.98 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in the United Arab Emirates to stand at 3.48 in 12 months time. In the long-term, the United Arab Emirates Three Month Interbank Rate is projected to trend around 3.98 percent in 2020, according to our econometric models.

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United Arab Emirates Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	2.50	2.50	4.75	1.00	percent	[+]
Interbank Rate	2.92	2.90	6.96	0.68	percent	[+]
Money Supply M0	83800.00	83200.00	86800.00	26832.00	AED Million	[+]
Money Supply M1	477200.00	484200.00	517400.00	39464.00	AED Million	[+]
Money Supply M2	1265700.00	1291100.00	1313100.00	156480.00	AED Million	[+]
Money Supply M3	1565900.00	1579800.00	1579800.00	506641.00	AED Million	[+]
Banks Balance Sheet	2718.20	2715.90	2718.20	1456.20	AED Billion	[+]
Loan Growth	3.90	3.70	10.20	1.70	percent	[+]
Loans To Private Sector	790919.00	780370.00	790919.00	267578.00	AED Million	[+]
Central Bank Balance Sheet	380.90	386.40	406.40	48.74	AED Billion	[+]
Foreign Exchange Reserves	327.06	327.30	347.66	138.63	AED Billion	[+]

The interbank rate is the rate of interest charged on short-term loans made between banks in the local currency. This page provides - United Arab Emirates Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Arab Emirates Three Month Interbank Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.92	2.90	6.96	0.68	2000 - 2018	percent	Daily

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Country	Last		Previous	Range
Argentina	69.59	Oct/18	60.3	1390 : 1.2	%
Turkey	24.15	Dec/18	23.98	28.52 : 4.74	%
Mexico	8.25	Nov/18	8.12	89.48 : 3.29	%
Russia	8.10	Oct/18	8.2	45.3 : 4.2	%
Indonesia	7.67	Dec/18	7.67	57.79 : 4.19	%
South Africa	7.15	Dec/18	7.15	16.96 : 5.06	%
India	6.73	Dec/18	6.77	12.97 : 3.1	%
China	3.47	Dec/18	3.52	9.89 : 0	%
United States	2.78	Dec/18	2.78	10.63 : 0.22	%
Saudi Arabia	2.74	Oct/18	2.64	5.24 : 0.6	%
Canada	2.28	Dec/18	2.27	8.95 : 0.43	%
Australia	2.24	Nov/18	2.49	18.18 : 1.87	%
South Korea	1.89	Dec/18	1.88	6.14 : 1.27	%
Singapore	1.77	Dec/18	1.77	9.84 : 0.34	%
United Kingdom	0.90	Dec/18	0.9	15.63 : 0.28	%
Japan	-0.11	Dec/18	-0.11	8.5 : -0.12	%
France	-0.32	Nov/18	-0.32	5.13 : -0.33	%
Germany	-0.32	Nov/18	-0.32	14.57 : -0.33	%
Italy	-0.32	Nov/18	-0.32	20.51 : -0.33	%
Netherlands	-0.32	Oct/18	-0.32	14.19 : -0.33	%
Euro Area	-0.36	Dec/18	-0.36	5.39 : -0.39	%
Spain	-0.38	Dec/18	-0.38	15.75 : -0.4	%
Switzerland	-0.74	Dec/18	-0.74	10 : -0.96	%