Bosnia And Herzegovina Lending Rate

The benchmark interest rate in Bosnia And Herzegovina was last recorded at 6.96 percent. Interest Rate in Bosnia And Herzegovina is reported by the Central Bank of Bosnia and Herzegovina. Interest Rate in Bosnia And Herzegovina averaged 14.39 Percent from 1998 until 2014, reaching an all time high of 94.09 Percent in September of 1998 and a record low of 6.65 Percent in November of 2012. Central Bank of Bosnia and Herzegovina uses the currency board as the monetary policy tool. The currency board is based on the fixed exchange rate of EUR 1 to KM (convertible mark) 1.95583 and the policy of non-lending to any industry. As a result, the CBBH has no powers to monetize fiscal deficit and it does not act as the lender of last resort to assist in problems related to commercial banks’ liquidity. However, the bank uses required reserves to influence monetary movements. In 2011, it began implementation of a reduced rate of 10 per cent on the maturity up to one year, while the rate applied to the base with the maturity over one year was not changed and remains at 7 percent. This page provides - Bosnia And Herzegovina Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.96 7.23 94.09 6.65 7.25 | 2014/02 1998 - 2014 Percent Monthly

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Bosnia And Herzegovina Lending Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Foreign Exchange Reserves 6946.80 2014-02-28 7023.20 7068.30 127.50 6929.13 2014-03-31 BAM Million [+]
Interest Rate 6.96 2014-01-15 7.23 94.09 6.65 7.25 2014-02-28 Percent [+]
Money Supply M0 2916.90 2014-02-28 2854.53 2916.90 85.38 2925.47 2014-03-31 BAM Million [+]
Money Supply M1 6617.26 2014-02-28 6603.18 6696.07 201.68 6703.08 2014-03-31 BAM Million [+]
Money Supply M2 16187.04 2014-02-28 16055.52 16187.04 905.34 16353.05 2014-03-31 BAM Million [+]
Money Supply M3 9569.78 2014-02-28 9452.35 9569.78 690.71 9616.06 2014-03-31 BAM Million [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


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Bosnia and Herzegovina Current Account at -425.14 BAM Million  
Bosnia and Herzegovina recorded a Current Account deficit of 425.14 BAM Million in the fourth quarter of 2013. Current Account in Bosnia and Herzegovina is reported by the Central Bank of Bosnia and Herzegovina.
Bosnia and Herzegovina Unemployment Rate at 44.54 Percent  
Unemployment Rate in Bosnia and Herzegovina decreased to 44.54 percent in February of 2014 from 44.61 percent in January of 2014. Unemployment Rate in Bosnia and Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
Bosnia And Herzegovina Capital Flows at -54.67 BAM Million  
Capital Flows in Bosnia And Herzegovina decreased to -54.67 BAM Million in the fourth quarter of 2013 from 85.77 BAM Million in the third quarter of 2013. Capital Flows in Bosnia And Herzegovina is reported by the Central Bank of Bosnia and Herzegovina.
Bosnia And Herzegovina Consumer Price Index (CPI) at 104.97 Index Points  
Consumer Price Index (CPI) in Bosnia And Herzegovina decreased to 104.97 Index Points in December of 2013 from 105.24 Index Points in November of 2013. Consumer Price Index (CPI) in Bosnia And Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
Bosnia And Herzegovina Consumer Spending at 21751650.00 BAM THO  
Consumer Spending in Bosnia And Herzegovina increased to 21751650 BAM THO in 2012 from 21283043 BAM THO in 2011. Consumer Spending in Bosnia And Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
Bosnia And Herzegovina GDP Constant Prices at 4952597.19 BAM THO  
GDP Constant Prices in Bosnia And Herzegovina increased to 4952597.19 BAM THO in the fourth quarter of 2012 from 4926937.40 BAM THO in the third quarter of 2012. GDP Constant Prices in Bosnia And Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
Bosnia And Herzegovina Government Budget Value at 289.00 BAM Million  
Bosnia And Herzegovina recorded a government budget surplus of 289 BAM Million in 2012. Government Budget Value in Bosnia And Herzegovina is reported by the Central Bank Of Bosnia And Herzegovina.
Bosnia And Herzegovina Government Spending at 6022072.00 BAM THO  
Government Spending in Bosnia And Herzegovina increased to 6022072 BAM THO in 2012 from 5734332 BAM THO in 2011. Government Spending in Bosnia And Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
Bosnia And Herzegovina Gross Fixed Capital Formation at 4873401.00 BAM THO  
Gross Fixed Capital Formation in Bosnia And Herzegovina increased to 4873401 BAM THO in 2012 from 4614245 BAM THO in 2011. Gross Fixed Capital Formation in Bosnia And Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
Bosnia And Herzegovina Completed Residential Construction at 2072.00  
Housing Index in Bosnia And Herzegovina increased to 2072 in the fourth quarter of 2013 from 1440 in the third quarter of 2013. Housing Index in Bosnia And Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
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