Interbank Rate in Nepal increased to 0.14 percent in January from 0.10 percent in December of 2020. source: Nepal Central Bank

Interbank Rate in Nepal averaged 3.65 percent from 1995 until 2021, reaching an all time high of 12.83 percent in January of 2010 and a record low of 0.02 percent in August of 2020. This page provides - Nepal Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nepal Weighted Average Interbank Transaction Rate - values, historical data and charts - was last updated on February of 2021.

Interbank Rate in Nepal is expected to be 2.17 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Nepal to stand at 1.67 in 12 months time. In the long-term, the Nepal Weighted Average Interbank Transaction Rate is projected to trend around 1.67 percent in 2022 and 4.06 percent in 2023, according to our econometric models.

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Nepal Weighted Average Interbank Transaction Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.14 0.10 12.83 0.02 1995 - 2021 percent Monthly

Nepal Money Last Previous Highest Lowest Unit
Interest Rate 5.00 5.00 8.00 5.00 percent [+]
Interbank Rate 0.14 0.10 12.83 0.02 percent [+]

Nepal Weighted Average Interbank Transaction Rate
The interbank rate is the rate of interest charged on short-term loans made between banks in the local currency.