Interbank Rate in Kenya increased to 6.86 percent in October from 6.59 percent in September of 2019. Interbank Rate in Kenya averaged 10.95 percent from 1991 until 2019, reaching an all time high of 68.30 percent in May of 1993 and a record low of 0.40 percent in August of 2003. source: Central Bank of Kenya

Interbank Rate in Kenya is expected to be 6.59 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Kenya to stand at 6.09 in 12 months time. In the long-term, the Kenya Interbank Rate is projected to trend around 5.59 percent in 2020, according to our econometric models.

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Kenya Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.86 6.59 68.30 0.40 1991 - 2019 percent Monthly

Kenya Interbank Rate
In Kenya, the interbank rate is the rate of interest charged on short-term loans made between banks.

Kenya Money Last Previous Highest Lowest Unit
Interest Rate 8.50 8.50 84.67 0.83 percent [+]
Interbank Rate 6.86 6.59 68.30 0.40 percent [+]
Money Supply M1 1479.01 1459.73 1520.26 71.50 KES Billion [+]
Money Supply M2 2892.17 2865.99 2892.62 231.09 KES Billion [+]
Money Supply M3 3517540.00 3473390.00 3517540.00 244755.00 KES Million [+]
Foreign Exchange Reserves 13080.70 13169.50 13368.60 853.00 USD Million [+]
Deposit Interest Rate 8.30 7.70 18.40 2.43 percent [+]
Loans To Private Sector 2326105.00 2335247.00 2344446.00 166281.00 KES Million [+]