United Arab Emirates Three Month Interbank Rate

United Arab Emirates Three Month Interbank Rate was quoted at 2.87 percent on Wednesday April 24. Interbank Rate in the United Arab Emirates averaged 2.49 percent from 2000 until 2019, 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 2.85 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 2.85 in 12 months time. In the long-term, the United Arab Emirates Three Month Interbank Rate is projected to trend around 3.10 percent in 2020, according to our econometric models.

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United Arab Emirates Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	2.75	2.75	4.75	1.00	percent	[+]
Interbank Rate	2.87	2.87	6.96	0.68	percent	[+]
Money Supply M0	88300.00	87500.00	88300.00	26832.00	AED Million	[+]
Money Supply M1	512000.00	501080.00	517400.00	39464.00	AED Million	[+]
Money Supply M2	1328600.00	1321278.00	1328600.00	156480.00	AED Million	[+]
Money Supply M3	1631700.00	1619422.00	1631700.00	506641.00	AED Million	[+]
Banks Balance Sheet	2786.60	2791.00	2791.00	1456.20	AED Billion	[+]
Loan Growth	0.20	0.60	10.20	0.20	percent	[+]
Loans To Private Sector	794216.00	795804.00	795804.00	267578.00	AED Million	[+]
Central Bank Balance Sheet	432.62	414.38	432.62	48.74	AED Billion	[+]
Foreign Exchange Reserves	377.06	359.03	377.06	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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.87	2.87	6.96	0.68	2000 - 2019	percent	Daily

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Country	Last		Previous	Range
Argentina	55.09	Mar/19	45.76	1390 : 1.2	%
Turkey	25.63	Apr/19	25.63	28.52 : 4.74	%
Mexico	8.52	Mar/19	8.56	89.48 : 3.29	%
Russia	8.39	Mar/19	8.49	45.3 : 4.2	%
Indonesia	7.22	Apr/19	7.22	57.79 : 4.19	%
South Africa	7.16	Apr/19	7.16	16.96 : 5.06	%
Brazil	6.40	Apr/19	6.4	372920 : 6.39	%
India	6.31	Apr/19	6.27	12.97 : 3.1	%
China	3.07	Apr/19	3.24	9.89 : 0	%
Saudi Arabia	2.94	Feb/19	2.97	5.24 : 0.6	%
United States	2.59	Apr/19	2.58	10.63 : 0.22	%
Australia	2.02	Mar/19	2.06	18.18 : 1.87	%
Canada	2.01	Apr/19	2.02	8.95 : 0.43	%
Singapore	1.95	Apr/19	1.94	9.84 : 0.34	%
South Korea	1.84	Apr/19	1.84	6.14 : 1.27	%
United Kingdom	0.82	Apr/19	0.82	15.63 : 0.28	%
Japan	-0.07	Apr/19	-0.06	8.5 : -0.12	%
France	-0.31	Mar/19	-0.31	5.13 : -0.33	%
Germany	-0.31	Mar/19	-0.31	14.57 : -0.33	%
Italy	-0.31	Mar/19	-0.31	20.51 : -0.33	%
Netherlands	-0.33	Mar/19	-0.31	14.19 : -0.33	%
Euro Area	-0.35	Apr/19	-0.35	5.39 : -0.39	%
Spain	-0.38	Apr/19	-0.38	15.75 : -0.4	%
Switzerland	-0.72	Apr/19	-0.72	10 : -0.96	%