The Monetary Authority of Macao (AMCM) lowered its key interest rate by 25 basis point to 2.0 percent at its October meeting, following its Hong Kong counterpart's move, after the US Federal Reserve cut interest rates by the same margin. This was the third rate cut this year. As the pataca is linked to the Hong Kong dollar, the movements of policy rates in Hong Kong and Macao should be basically consistent in order to maintain the effective operation of the linked exchange rate system. The Hong Kong dollar is linked to the US dollar under a similar linked exchange rate system. Interest Rate in Macau averaged 2.65 percent from 2000 until 2019, reaching an all time high of 8 percent in May of 2000 and a record low of 0.50 percent in December of 2008.

Interest Rate in Macau is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Macau to stand at 1.75 in 12 months time. In the long-term, the Macau Interest Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Macau Interest Rate
Calendar GMT Actual Previous Consensus TEForecast
2018-12-21 02:00 AM Interest Rate Decision 2.75% 2.5%
2019-08-01 05:30 AM Interest Rate Decision 2.50% 2.75% 2.5%
2019-09-19 05:00 AM Interest Rate Decision 2.25% 2.5% 2.25%
2019-10-31 02:45 AM Interest Rate Decision 2.0% 2.25% 2%
2019-12-12 03:00 AM Interest Rate Decision 2.0% 2.0%


Macau Money Last Previous Highest Lowest Unit
Interest Rate 2.00 2.00 8.00 0.50 percent [+]
Money Supply M1 81422.24 83291.68 87128.03 824.55 MOP Million [+]
Interbank Rate 2.37 2.16 6.99 0.15 percent [+]
Money Supply M2 671390.80 663644.01 671390.80 7381.00 MOP Million [+]
Money Supply M0 16339.90 16549.20 17775.10 1659.20 MOP Million [+]
Foreign Exchange Reserves 21465.60 21183.50 35458.60 55.12 USD Million [+]


Macau Interest Rate

In Macau, interest rate decisions are taken by the Macau Monetary Authority. The official interest rate is the Base Rate. This page provides the latest reported value for - Macao Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macau Interest Rate - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.00 8.00 0.50 2000 - 2019 percent Daily




Country Last Previous
Argentina 63.00 Dec/19 63
Turkey 14.00 Nov/19 14
Mexico 7.50 Nov/19 7.75
Russia 6.50 Nov/19 6.5
South Africa 6.50 Nov/19 6.5
India 5.15 Dec/19 5.15
Brazil 5.00 Nov/19 5
Indonesia 5.00 Nov/19 5
China 4.15 Nov/19 4.15
Saudi Arabia 2.25 Nov/19 2.25
Canada 1.75 Dec/19 1.75
United States 1.75 Nov/19 1.75
Singapore 1.63 Nov/19 1.64
South Korea 1.25 Nov/19 1.25
Australia 0.75 Dec/19 0.75
United Kingdom 0.75 Nov/19 0.75
Euro Area 0.00 Nov/19 0
France 0.00 Nov/19 0
Germany 0.00 Nov/19 0
Italy 0.00 Nov/19 0
Netherlands 0.00 Nov/19 0
Spain 0.00 Nov/19 0
Japan -0.10 Oct/19 -0.1
Switzerland -0.75 Nov/19 -0.75


Related

Latest