Nepal Interest Rate

The benchmark interest rate in Nepal was last recorded at 8 percent. Interest Rate in Nepal is reported by the Nepal Rastra Bank. Interest Rate in Nepal averaged 6.57 Percent from 2003 until 2014, reaching an all time high of 8 Percent in July of 2012 and a record low of 5.50 Percent in September of 2003. In Nepal, interest rates decisions are taken by the Nepal Rastra Bank. The official interest rate is the bank rate. This page provides - Nepal Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
8.00 8.00 8.00 5.50 8.00 | 2014/01 2003 - 2014 Percent Monthly

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Nepal Interest Rate
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 8.00 2014-03-31 8.00 8.00 5.50 8.00 2014-01-31 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

Nepal Inflation Rate at 9.72 Percent  
The inflation rate in Nepal was recorded at 9.72 percent in January of 2014. Inflation Rate in Nepal is reported by the Nepal Rastra Bank.
Nepal Interest Rate at 8.00 Percent  
The benchmark interest rate in Nepal was last recorded at 8 percent. Interest Rate in Nepal is reported by the Nepal Rastra Bank.
Nepal Sales Tax Rate | VAT at 13.00 Percent  
The Sales Tax Rate in Nepal stands at 13 percent. Sales Tax Rate in Nepal is reported by the Inland Revenue Department.
Nepal Current Account at 937.80 USD Million  
Nepal recorded a Current Account surplus of 937.80 USD Million in 2012. Current Account in Nepal is reported by the Nepal Rastra Bank.
Nepal Balance of Trade at -41668.30 Million NPR  
Nepal recorded a trade deficit of 41668.30 Million NPR in September of 2013. Balance of Trade in Nepal is reported by the Nepal Rastra Bank.
Nepal Government Debt To GDP at 31.60 Percent  
Nepal recorded a Government Debt to GDP of 31.6 percent of the countrys Gross Domestic Product in the fiscal year 2012-13. Government Debt To GDP in Nepal is reported by the Nepal Rastra Bank.
Nepal Current Account to GDP at 3.40 Percent  
Nepal recorded a Current Account surplus of 3.4 percent of the countrys Gross Domestic Product in the fiscal year 2012-13. Current Account to GDP in Nepal is reported by the Nepal Rastra Bank.
Nepal Government Budget at -1.90 Percent of GDP  
Nepal recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2012/13 fiscal year. Government Budget in Nepal is reported by the Nepal Rastra Bank.
Nepal Exports at 7908.70 Million NPR  
Exports in Nepal increased to 7908.70 Million NPR in September of 2013 from 7569.40 Million NPR in August of 2013. Exports in Nepal is reported by the Nepal Rastra Bank.
Nepal Imports at 49577.00 Million NPR  
Imports in Nepal decreased to 49577 Million NPR in September of 2013 from 52659.40 Million NPR in August of 2013. Imports in Nepal is reported by the Nepal Rastra Bank.
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