Singapore Three Month Interbank Rate increased to 1.95 percent on Wednesday April 24 from 1.94 percent in the previous trading day. Interbank Rate in Singapore averaged 1.72 percent from 1995 until 2019, reaching an all time high of 9.84 percent in January of 1998 and a record low of 0.34 percent in September of 2011.
Interbank Rate in Singapore is expected to be 2.19 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Singapore to stand at 1.99 in 12 months time. In the long-term, the Singapore Three Month Interbank Rate is projected to trend around 1.99 percent in 2020, according to our econometric models.