Zambia Interest Rate  2012-2016 | Data | Chart | Calendar | Forecast

The central bank of Zambia kept its benchmark lending rate steady at 15.5 percent at its May 2016 meeting, aiming control stubbornly high inflation. Policymakers said they expect the inflation rate to ease to single digit by the end of the year and noticed the slowdown in April (21.8 percent from 22.2 percent). Interest Rate in Zambia averaged 11.39 percent from 2012 until 2016, reaching an all time high of 15.50 percent in November of 2015 and a record low of 9 percent in May of 2012. Interest Rate in Zambia is reported by the Bank of Zambia.

Zambia Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
15.50 15.50 15.50 9.00 2012 - 2016 percent Daily
In Zambia, interest rates decisions are taken by the Monetary Committee of the Bank of Zambia. The official rate is the policy rate. This page provides - Zambia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zambia Interest Rate - actual data, historical chart and calendar of releases - was last updated on August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-03 09:20 AM Interest Rate Decision 15.5% 12.5%
2016-02-12 08:40 AM Interest Rate Decision 15.5% 15.5% 15.75%
2016-05-17 08:30 AM Interest Rate Decision 15.5% 15.5% 15.5% 15.5%
2016-09-05 08:45 AM Interest Rate Decision 15.5% 15.5% 15.5%
2016-11-11 09:00 AM Interest Rate Decision 15.5%

Zambia Money Last Previous Highest Lowest Unit
Interest Rate 15.50 15.50 15.50 9.00 percent [+]
Deposit Interest Rate 8.99 7.88 48.50 6.00 percent [+]




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