Rwanda Interest Rate  2005-2017 | Data | Chart | Calendar | Forecast

The central bank of Rwanda lowered its benchmark interest rate by 25 bps to 6.25 percent on December 28th 2016. Policymakers said the measure aims to stimulate lending amid lower pressures on inflation and the national currency. Consumer prices rose 9.1 percent year-on-year in November, the same pace as in the previous month and the economy expanded 6.5 percent in the first half of the year, in line with the 2016 growth target of 6 percent. Interest Rate in Rwanda averaged 7.58 percent from 2005 until 2016, reaching an all time high of 9 percent in September of 2005 and a record low of 6 percent in November of 2010.

Rwanda Interest Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-28 03:45 PM Interest Rate Decision 6.5% 6.5%
2016-09-27 10:30 AM Interest Rate Decision 6.5% 6.5% 6.5%
2016-12-28 10:15 AM Interest Rate Decision 6.25% 6.5% 6.5%
2017-03-28 01:50 PM Interest Rate Decision 6.25%
2017-06-28 03:45 PM Interest Rate Decision
2017-09-27 10:30 AM Interest Rate Decision




Rwanda Money Last Previous Highest Lowest Unit
Interest Rate 6.25 6.25 9.00 6.00 percent [+]
Deposit Interest Rate 7.60 7.70 11.13 5.00 percent [+]
Money Supply M1 1212.30 1204.10 1233.50 79.50 RWF Billion [+]
Money Supply M2 1543.10 1518.50 1543.10 118.20 RWF Billion [+]
Money Supply M3 1543.10 1518.50 12749.90 148.20 RWF Billion [+]



Rwanda Interest Rate Notes

In Rwanda interest rates decisions are taken by the National Bank of Rwanda. The official interest rate is the Key Repo Rate. This page provides the latest reported value for - Rwanda Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Rwanda Interest Rate - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.25 6.25 9.00 6.00 2005 - 2017 percent Daily



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