New Caledonia Interest Rate

The benchmark interest rate in New Caledonia was last recorded at 1 percent. Interest Rate in New Caledonia is reported by the Institute of Overseas Issuance. Interest Rate in New Caledonia averaged 1.78 Percent from 2008 until 2014, reaching an all time high of 3 Percent in October of 2008 and a record low of 1 Percent in May of 2013. In New Caledonia, interest rate decisions are taken by the Institute of Overseas Issuance (L’Institut d’Emission d’Outre-Mer). The official interest rate is the Discount Rate. This page provides - New Caledonia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.00 1.00 3.00 1.00 1.00 | 2014/04 2008 - 2014 Percent Monthly

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New Caledonia Interest Rate
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 1.00 2014-03-31 1.00 3.00 1.00 1.00 2014-04-30 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

New Caledonia Inflation Rate at 0.20 Percent  
The inflation rate in New Caledonia was recorded at 0.20 percent in February of 2014. Inflation Rate in New Caledonia is reported by the INSEE, New Caledonia.
New Caledonia Interest Rate at 1.00 Percent  
The benchmark interest rate in New Caledonia was last recorded at 1 percent. Interest Rate in New Caledonia is reported by the Institute of Overseas Issuance.
New Caledonia Balance of Trade at -19171.00 XPF Million  
New Caledonia recorded a trade deficit of 19171 XPF Million in December of 2013. Balance of Trade in New Caledonia is reported by the INSEE, New Caledonia.
New Caledonia Imports at 28212.00 XPF Million  
Imports in New Caledonia increased to 28212 XPF Million in December of 2013 from 24902 XPF Million in November of 2013. Imports in New Caledonia is reported by the INSEE, New Caledonia.
New Caledonia Exports at 9041.00 XPF Million  
Exports in New Caledonia increased to 9041 XPF Million in December of 2013 from 6779 XPF Million in November of 2013. Exports in New Caledonia is reported by the INSEE, New Caledonia.
New Caledonia Current Account at -141.99 Billion XPF  
New Caledonia recorded a Current Account deficit of 141.99 Billion XPF in 2011. Current Account in New Caledonia is reported by the Institute of Overseas Issuance.
New Caledonia Unemployed Persons at 2035.00  
The number of unemployed persons in New Caledonia increased to 2035 Persons in August of 2013 from 1997 Persons in July of 2013. Unemployed Persons in New Caledonia is reported by the INSEE, New Caledonia.
New Caledonia Employed Persons at 90076.00  
The number of employed persons in New Caledonia decreased to 90076 Persons in the second quarter of 2013 from 90099 Persons in the first quarter of 2013. Employed Persons in New Caledonia is reported by the INSEE, New Caledonia.
New Caledonia GDP per capita at 38896.00 USD  
The Gross Domestic Product per capita in New Caledonia was last recorded at 38896 US dollars in 2011. The GDP per Capita in New Caledonia is equivalent to 314 percent of the worlds average. GDP per capita in New Caledonia is reported by the World Bank.
New Caledonia Unemployment Rate at 14.00 Percent  
Unemployment Rate in New Caledonia increased to 14 percent in 2009 from 13.80 percent in 2008. Unemployment Rate in New Caledonia is reported by the Institute of Statistics and Economic Studies.
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