Fiji Interest Rate  2010-2017 | Data | Chart | Calendar | Forecast | News

The Reserve Bank of Fiji kept its overnight policy rate on hold at 0.5 percent at its March 2017 meeting. Policymakers said the decision was in line with efforts to support economic growth while safeguarding macroeconomic stability. The Bank's twin monetary policy objectives are expected to remain intact. The current higher inflation continues to be driven by supply shortages of market items resulting from adverse weather conditions and consistently high yaqona prices, post Tropical Cyclone Winston. Given the recent outcomes, the year-end inflation forecast is now expected to be around 3 percent. Interest Rate in Fiji averaged 0.53 percent from 2010 until 2017, 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.

Fiji Interest Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-26 04:30 AM Interest Rate Decision 0.5% 0.5% 0.5%
2017-02-23 04:30 AM Interest Rate Decision 0.5% 0.5%
2017-03-30 03:30 AM Interest Rate Decision 0.5% 0.5%
2017-04-27 03:30 AM Interest Rate Decision 0.5%
2017-05-25 03:30 AM Interest Rate Decision
2017-06-29 03:30 AM Interest Rate Decision




Fiji Money Last Previous Highest Lowest Unit
Interest Rate 0.50 0.50 2.50 0.50 percent [+]
Deposit Interest Rate 2.50 1.86 7.04 1.24 percent [+]


Fiji Interest Rate Notes

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. Fiji Interest Rate - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.50 2.50 0.50 2010 - 2017 percent Daily



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Guatemala 3.00 Mar/17
Libya 3.00 Mar/17
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Belize 2.50 Mar/17
Croatia 2.50 Feb/17
Cameroon 2.45 Mar/17
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Chad 2.45 Mar/17
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