The benchmark interest rate in Maldives was last recorded at 7 percent. source: Maldives Monetary Authority

Interest Rate in Maldives averaged 6.67 percent from 2009 until 2021, reaching an all time high of 7 percent in March of 2012 and a record low of 4.46 percent in December of 2010. This page provides the latest reported value for - Maldives Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Maldives Interest Rate - values, historical data and charts - was last updated on October of 2021.

Interest Rate in Maldives is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Maldives Interest Rate is projected to trend around 7.00 percent in 2022, according to our econometric models.

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Maldives Interest Rate

Maldives Last Unit Reference Previous Highest Lowest
Interest Rate 7.00 percent Sep/21 7.00 7.00 4.46
Money Supply M2 45608.20 MVR Million Jun/21 46066.70 46315.40 5543.50
Money Supply M1 21057.40 MVR Million Jun/21 20531.70 21057.40 2347.60
Money Supply M0 13333.40 MVR Million Jun/21 12303.70 14826.10 8644.20
Foreign Exchange Reserves 902.80 USD Million Jun/21 916.40 975.30 456.50
Central Bank Balance Sheet 25245.40 MVR Million Jun/21 24540.20 26178.00 3800.45

Maldives Interest Rate
In the Maldives, interest rate decisions are taken by the Maldives Monetary Authority. The official interest rate is the 1-week Reverse Repo Rate.