Congo Interest Rate  2008-2017 | Data | Chart | Calendar | Forecast | News

The Democratic Repubic of Congo's central bank raised its base interest rate to 14 percent on January 14th, from 7 percent previously, in an attempt to curb rising inflation. Annual inflation rate was last recorded at 11.2 percent in December, well above the central bank's target of 4.2 percent. Interest Rate in Congo averaged 19.30 percent from 2008 until 2017, reaching an all time high of 70 percent in January of 2010 and a record low of 2 percent in November of 2013.

Congo Interest Rate
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Congo Money Last Previous Highest Lowest Unit
Interest Rate 14.00 14.00 70.00 2.00 percent [+]
Foreign Exchange Reserves 2620.99 2458.79 4597.99 2441.14 USD Million [+]
Money Supply M1 1681518.00 1602643.00 1681518.00 805418.00 CDF Million [+]
Money Supply M2 5704352.00 5212358.00 5704352.00 2803237.00 CDF Million [+]


Congo Interest Rate Notes

In DR Congo, interest rates decisions are taken by the Monetary Policy Committee of the Central Bank of DR Congo (BCC). The official interest rate is the BCC’s key rate. This page provides - Congo Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Congo Interest Rate - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
14.00 14.00 70.00 2.00 2008 - 2017 percent Daily



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