South Korea Three Month Interbank Rate was quoted at 1.44 percent on Wednesday January 22. Interbank Rate in South Korea averaged 2.94 percent from 2004 until 2020, reaching an all time high of 6.14 percent in October of 2008 and a record low of 1.27 percent in July of 2016. source: The Bank of Korea

Interbank Rate in South Korea is expected to be 1.51 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 Korea to stand at 1.51 in 12 months time. In the long-term, the South Korea Three Month Interbank Rate is projected to trend around 1.51 percent in 2020, according to our econometric models.

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South Korea Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.44 1.44 6.14 1.27 2004 - 2020 percent Daily


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

South Korea Money Last Previous Highest Lowest Unit
Interest Rate 1.25 1.25 5.25 1.25 percent [+]
Money Supply M0 112775100.00 111353300.00 112775100.00 11200.00 KRW Million [+]
Money Supply M1 912800.90 893735.20 912800.90 260.40 KRW Billion [+]
Interbank Rate 1.44 1.44 6.14 1.27 percent [+]
Money Supply M2 2903991.80 2865665.10 2903991.80 590.60 KRW Billion [+]
Money Supply M3 4101120.70 4064519.70 4101120.70 57007.90 KRW Billion [+]
Foreign Exchange Reserves 408820.00 407460.00 408820.00 564.50 USD Million [+]
Loans to Private Sector 8689783.00 8751577.00 8751577.00 2603700.00 KRW Hundred Million [+]
Deposit Interest Rate 1.63 1.64 19.50 1.37 percent [+]
Private Debt To GDP 260.80 253.30 260.80 237.30 percent [+]
Lending Rate 2.25 2.25 2.50 2.25 percent [+]
Central Bank Balance Sheet 492518.80 490202.60 510090.10 310.30 KRW Billion [+]
Foreign Stock Investment 688696.70 708835.90 776917.60 34948.20 USD Hundreds of Millions [+]