Singapore Interest Rate 1988-2014 | Data | Chart | Calendar | Forecast

The benchmark interest rate in Singapore was last recorded at 0.12 percent. Interest Rate in Singapore averaged 1.68 Percent from 1988 until 2014, reaching an all time high of 20 Percent in January of 1990 and a record low of -0.75 Percent in October of 1993. Interest Rate in Singapore is reported by the Monetary Authority of Singapore.

   
  Forecast  

Singapore Interest Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.12 0.07 20.00 -0.75 1988 - 2014 percent Daily
Sibor is a reference rate based on the interest rates at which banks offer to lend unsecured funds to each other in the Singapore interbank market. In Singapore, the monetary policy decisions are taken by The Monetary Authority of Singapore (Penguasa Kewangan Singapura). The Monetary Authority of Singapore does not control the monetary system by monitoring interest rates. Instead, it manages the Singapore dollar (SGD) exchange rate against a trade-weighted basket of currencies of Singapore's major trading partners and competitors. This page provides - Singapore Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Singapore Interest Rate - was last refreshed on Thursday, November 27, 2014.

Calendar GMT Event Actual Previous Consensus Forecast (i)
2013-04-12 01:00 AM
April Monetary Policy 
2014-04-14 12:00 AM
Semi-Annual Monetary Policy Decision 
2014-10-14 01:00 AM
Semi-Annual Monetary Policy Meeting 


Singapore Money Last Previous Highest Lowest Unit
Interest Rate 0.12 0.07 20.00 -0.75 percent [+]
Interbank Rate 0.40 0.40 8.00 0.25 percent [+]
Money Supply M0 30788.90 30742.10 30851.60 1133.10 SGD Million [+]
Money Supply M1 156503.70 157587.70 160551.40 1202.00 SGD Million [+]
Money Supply M2 505032.80 503029.20 505032.80 6182.30 SGD Million [+]
Money Supply M3 516912.60 514658.90 516912.60 6878.30 SGD Million [+]
Foreign Exchange Reserves 339875.80 339510.70 347144.40 4174.40 SGD Million [+]
Loans to Private Sector 604506.20 604558.00 604558.00 16439.80 SGD Million [+]
Banks Balance Sheet 1041835.10 1029955.60 1041835.10 1509.90 SGD Million [+]
Central Bank Balance Sheet 350358.60 354126.70 354150.30 271915.00 SGD Million [+]


Interest Rate Reference Previous Highest Lowest Unit
Australia 2.50 Nov/14 2.50 17.50 2.50 percent [+]
Brazil 11.25 Oct/14 11.00 45.00 7.25 percent [+]
Canada 1.00 Oct/14 1.00 16.00 0.25 percent [+]
China 5.60 Nov/14 6.00 10.98 5.31 percent [+]
Euro Area 0.05 Nov/14 0.05 4.75 0.05 percent [+]
France 0.05 Nov/14 0.05 4.75 0.05 percent [+]
Germany 0.05 Nov/14 0.05 4.75 0.05 percent [+]
India 8.00 Oct/14 8.00 14.50 4.25 percent [+]
Indonesia 7.75 Nov/14 7.50 12.75 5.75 percent [+]
Italy 0.05 Nov/14 0.05 4.75 0.05 percent [+]
Japan 0.00 Nov/14 0.00 9.00 0.00 percent [+]
Mexico 3.00 Oct/14 3.00 9.25 3.00 percent [+]
Netherlands 0.05 Nov/14 0.05 4.75 0.05 percent [+]
Russia 9.50 Oct/14 8.00 10.50 5.00 percent [+]
South Korea 2.00 Nov/14 2.00 5.25 2.00 percent [+]
Spain 0.05 Nov/14 0.05 4.75 0.05 percent [+]
Switzerland 0.00 Oct/14 0.00 3.50 0.00 percent [+]
Turkey 8.25 Nov/14 8.25 500.00 4.50 percent [+]
United Kingdom 0.50 Nov/14 0.50 17.00 0.50 percent [+]
United States 0.25 Oct/14 0.25 20.00 0.25 percent [+]