South Africa Three Month Interbank Rate was at 5.98 percent on Friday September 23. source: South African Reserve Bank

Interbank Rate in South Africa averaged 7.74 percent from 1999 until 2022, reaching an all time high of 16.96 percent in February of 1999 and a record low of 3.33 percent in October of 2020. This page provides - South Africa Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Three Month Interbank Rate - values, historical data and charts - was last updated on September of 2022.

Interbank Rate in South Africa is expected to be 5.98 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Three Month Interbank Rate is projected to trend around 6.73 percent in 2023 and 7.73 percent in 2024, according to our econometric models.

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South Africa Three Month Interbank Rate

Related Last Previous Unit Reference
Interest Rate 6.25 5.50 percent Sep 2022
Interbank Rate 5.98 5.98 percent Sep 2022
Money Supply M0 349666.00 309638.00 ZAR Million Aug 2022
Money Supply M1 2399514.00 2338725.00 ZAR Million Jul 2022
Money Supply M2 3726641.00 3622048.00 ZAR Million Jul 2022
Money Supply M3 4549407.00 4473112.00 ZAR Million Jul 2022
Foreign Exchange Reserves 59756.00 59510.00 USD Million Aug 2022
Banks Balance Sheet 7059559.00 7062793.00 ZAR Million Jul 2022
Loans to Private Sector 4299250.00 4280156.00 ZAR Million Jul 2022
Lending Rate 9.75 9.00 percent Sep 2022
Central Bank Balance Sheet 1082577.00 1056519.00 ZAR Million Aug 2022

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..
Actual Previous Highest Lowest Dates Unit Frequency
5.98 5.98 16.96 3.33 1999 - 2022 percent Daily