Spain Interest Rate

The benchmark interest rate in Spain was last recorded at 0.25 percent. . Spain is a member of the European Union which has adopted the euro. Spain's benchmark interest rate is set by the European Central Bank. This page provides - Spain Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.25 0.25 4.75 0.25 0.25 | 2014/06 1998 - 2014 Percent Monthly

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Spain Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Interest Rate 0.25 2014-04-03 0.25 4.75 0.25 0.25 2014-06-30 Percent [+]
Foreign Exchange Reserves 34195.83 2014-03-31 34442.01 64355.20 323.95 34188.49 2014-04-30 EUR Million [+]
Interbank Rate 0.70 2014-02-15 1.25 26.12 0.61 0.75 2014-03-31 Percent [+]
Loans to Private Sector 1436728.00 2014-02-28 1443329.00 1871339.00 1766.22 1439631.83 2014-03-31 EUR Million [+]
Money Supply M1 523509.00 2014-02-28 531600.00 534265.00 88382.00 525319.95 2014-03-31 EUR Million [+]
Money Supply M2 961915.00 2014-02-28 969546.00 1048245.00 294870.00 955055.50 2014-03-31 EUR Million [+]
Money Supply M3 1045796.00 2014-02-28 1032881.00 1184771.00 413023.00 1045988.54 2014-03-31 EUR Million [+]
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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.


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