The Central Bank of Bahrain slashed its one-week deposit rate by 25bps to 2.5% during its October 2019 meeting, after the US Federal Reserve slashed rates for the third time this year. The CBB has also decided to cut the overnight deposit rate from 2.25% to 2.00%, the one-month deposit rate from 2.85% to 2.60% and the lending rate from 4.25% to 4.00%.
Interest Rate in Bahrain averaged 1.54 percent from 2006 until 2019, reaching an all time high of 5 percent in February of 2007 and a record low of 0.50 percent in September of 2009. This page provides the latest reported value for - Bahrain Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Interest Rate in Bahrain is expected to be 2.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Bahrain to stand at 2.00 in 12 months time. In the long-term, the Bahrain Interest Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.