Fiji Interest Rate

The benchmark interest rate in Fiji was last recorded at 0.50 percent. Interest Rate in Fiji is reported by the Reserve Bank of Fiji. Interest Rate in Fiji averaged 0.55 Percent from 2010 until 2014, reaching an all time high of 2.50 Percent in December of 2010 and a record low of 0.50 Percent in January of 2011. In Fiji, the interest rates decisions are taken by the Reserve Bank of Fiji. The official interest rate is the Overnight Policy rate. This page provides - Fiji Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.50 0.50 2.50 0.50 0.50 | 2014/06 2010 - 2014 Percent Monthly

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Fiji Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-08-29 02:30 AM Fiji
Interest Rate Decision
0.50% 0.50% 0.5%
2013-10-31 02:30 AM Fiji
Interest Rate Decision
0.50% 0.50% 0.5%
2013-12-03 02:30 AM Fiji
Interest Rate Decision
0.50% 0.50% 0.5%
2013-12-12 02:30 AM Fiji
Interest Rate Decision
0.50% 0.50% 0.5%
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 0.50 2014-03-31 0.50 2.50 0.50 0.50 2014-06-30 Percent [+]
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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.


RELATED NEWS

Fiji Gold Reserves at 0.02 Tonnes  
Gold Reserves in Fiji remained unchanged at 0.02 Tonnes in the fourth quarter of 2013 from 0.02 Tonnes in the third quarter of 2013. Gold Reserves in Fiji is reported by the World Gold Council.
Fiji Exports at 161248.00 Thousand FJD  
Exports in Fiji decreased to 161248 Thousand FJD in December of 2013 from 233273 Thousand FJD in November of 2013. Exports in Fiji is reported by the Fiji Bureau of Statistics.
Fiji Balance of Trade at -248583.00 Thousand FJD  
Fiji recorded a trade deficit of 248583 Thousand FJD in December of 2013. Balance of Trade in Fiji is reported by the Fiji Bureau of Statistics.
Fiji Imports at 409831.00 Thousand FJD  
Imports in Fiji decreased to 409831 Thousand FJD in December of 2013 from 613267 Thousand FJD in November of 2013. Imports in Fiji is reported by the Fiji Bureau of Statistics.
Fiji Visitor Arrivals at 47551.00 Persons  
Tourist Arrivals in Fiji decreased to 47551 Persons in January of 2014 from 54410 Persons in December of 2013. Tourist Arrivals in Fiji is reported by the Fiji Bureau of Statistics.
Fiji Inflation Rate at -0.20 Percent  
The inflation rate in Fiji was recorded at -0.20 percent in March of 2014. Inflation Rate in Fiji is reported by the Reserve Bank of Fiji.
Fiji Interest Rate at 0.50 Percent  
The benchmark interest rate in Fiji was last recorded at 0.50 percent. Interest Rate in Fiji is reported by the Reserve Bank of Fiji.
Fiji Personal Income Tax Rate at 31.00 percent  
The Personal Income Tax Rate in Fiji stands at 31 percent. Personal Income Tax Rate in Fiji is reported by the Fiji Revenue & Customs Authority.
Fiji Corporate Tax Rate at 20.00 percent  
The Corporate Tax Rate in Fiji stands at 20 percent. Corporate Tax Rate in Fiji is reported by the Fiji Revenue & Customs Authority.
Fiji Sales Tax Rate | VAT at 15.00 Percent  
The Sales Tax Rate in Fiji stands at 15 percent. Sales Tax Rate in Fiji is reported by the Fiji Revenue & Customs Authority.
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