Interbank Rate in Venezuela decreased to 38.98 percent in July from 39.44 percent in June of 2020.

Interbank Rate in Venezuela averaged 25.70 percent from 1982 until 2020, reaching an all time high of 72.23 percent in September of 1998 and a record low of 12.48 percent in September of 1987. This page provides - Venezuela Commercial Bank Loan Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Commercial Bank Loan Rate - values, historical data and charts - was last updated on September of 2020.

Interbank Rate in Venezuela is expected to be 37.46 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Venezuela to stand at 37.46 in 12 months time. In the long-term, the Venezuela Commercial Bank Loan Rate is projected to trend around 38.46 percent in 2021 and 35.46 percent in 2022, according to our econometric models.

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Venezuela Commercial Bank Loan Rate

Actual Previous Highest Lowest Dates Unit Frequency
38.98 39.44 72.23 12.48 1982 - 2020 percent Monthly

Venezuela Money Last Previous Highest Lowest Unit
Interest Rate 38.98 39.44 83.73 12.79 percent [+]
Interbank Rate 38.98 39.44 72.23 12.48 percent [+]
Money Supply M0 125319143.79 104808711.16 125319143.79 0.00 VEF Million [+]
Money Supply M1 159907758.82 134631453.39 159907758.82 0.00 VEF Million [+]
Money Supply M2 160313664.09 134896694.11 160313664.09 0.00 VEF Million [+]
Money Supply M3 160313664.09 134896694.11 160313664.09 0.00 VEF Million [+]
Foreign Exchange Reserves 6565.00 6516.00 43127.00 514.50 USD Million [+]
Banks Balance Sheet 948548295.06 481733405.19 948548295.06 0.01 VEF Million [+]
Deposit Interest Rate 24.00 24.00 75.00 6.71 percent [+]
Central Bank Balance Sheet 11578078.80 9042394.22 11578078.80 0.00 VES Thousand [+]


Venezuela Commercial Bank Loan Rate
In Venezuela, the interbank rate is the rate of interest charged on short-term loans made between banks.