The Bank of Papua New Guinea maintained the Kina Facility Rate (KFR) at 5.0% at its June 2026 policy meeting. The Committee considered the current policy settings appropriate as inflation remains relatively contained and foreign exchange market conditions continue to improve. Annual headline inflation fell to 2.2% in the March quarter of 2026, while core inflation remained relatively low. Domestic economic activity remained supportive of growth, with stronger lending, exports, private sector demand, and foreign exchange inflows. The MPC noted that imported inflation, exchange rate depreciation, and higher food and transport costs could increase inflationary pressures ahead. The Committee said it will continue to monitor inflation, commodity prices, and foreign exchange market conditions and take policy action if needed to maintain price stability. source: Bank of Papua New Guinea
Interest Rate in Papua New Guinea averaged 6.71 percent from 2001 until 2026, reaching an all time high of 16.00 percent in June of 2003 and a record low of 2.00 percent in February of 2024. This page provides - Papua New Guinea Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea Interest Rate - values, historical data and charts - was last updated on June of 2026.