South Africa Three Month Interbank Rate was quoted at 6.56 percent on Monday January 27.

Interbank Rate in South Africa averaged 8.18 percent from 1999 until 2020, reaching an all time high of 16.96 percent in February of 1999 and a record low of 5.06 percent in September of 2012. This page provides - South Africa Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: South African Reserve Bank

Interbank Rate in South Africa is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in South Africa to stand at 6.80 in 12 months time. In the long-term, the South Africa Three Month Interbank Rate is projected to trend around 7.05 percent in 2020, according to our econometric models.

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South Africa Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.56 6.56 16.96 5.06 1999 - 2020 percent Daily

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