Singapore Three Month Interbank Rate was quoted at 1.74 percent on Monday January 20. Interbank Rate in Singapore averaged 1.73 percent from 1995 until 2020, 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. source: Development Bank of Singapore

Interbank Rate in Singapore is expected to be 1.95 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 1.85 in 12 months time. In the long-term, the Singapore Three Month Interbank Rate is projected to trend around 1.85 percent in 2020, according to our econometric models.

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Singapore Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.74 1.74 9.84 0.34 1995 - 2020 percent Daily


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

Singapore Money Last Previous Highest Lowest Unit
Interest Rate 1.63 1.64 20.00 -0.75 percent [+]
Money Supply M0 48380.10 47915.70 48380.10 1133.10 SGD Million [+]
Money Supply M1 198164.40 193295.50 198164.40 1202.00 SGD Million [+]
Interbank Rate 1.74 1.74 9.84 0.34 percent [+]
Money Supply M2 633044.80 627568.80 633044.80 6182.30 SGD Million [+]
Money Supply M3 647086.00 641508.70 647086.00 6878.30 SGD Million [+]
Foreign Exchange Reserves 375800.00 377426.70 404019.30 4174.40 SGD Million [+]
Banks Balance Sheet 1371088.20 1362973.90 1371088.20 1509.90 SGD Million [+]
Loans to Private Sector 692731.30 689415.30 692731.30 16439.80 SGD Million [+]
Deposit Interest Rate 0.20 0.20 12.80 0.13 percent [+]
Central Bank Balance Sheet 389057.50 390184.20 416258.30 271915.00 SGD Million [+]