United Arab Emirates Three Month Interbank Rate was at 0.42 percent on Wednesday November 25. source: Central Bank of the UAE

Interbank Rate in the United Arab Emirates averaged 2.42 percent from 2000 until 2020, reaching an all time high of 6.96 percent in June of 2000 and a record low of 0.32 percent in October of 2020. This page provides - United Arab Emirates Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Arab Emirates Three Month Interbank Rate - values, historical data and charts - was last updated on November of 2020.

Interbank Rate in the United Arab Emirates is expected to be 2.85 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in the United Arab Emirates to stand at 0.36 in 12 months time. In the long-term, the United Arab Emirates Three Month Interbank Rate is projected to trend around 3.10 percent in 2021 and 0.36 percent in 2022, according to our econometric models.

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United Arab Emirates Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.42 0.42 6.96 0.32 2000 - 2020 percent Daily

United Arab Emirates Money Last Previous Highest Lowest Unit
Interest Rate 1.50 1.50 4.75 1.00 percent [+]
Money Supply M0 111316.00 108844.00 111800.00 26832.00 AED Million [+]
Money Supply M1 568007.00 566944.00 568007.00 39464.00 AED Million [+]
Interbank Rate 0.42 0.42 6.96 0.32 percent [+]
Money Supply M2 1468664.00 1513506.00 1513506.00 156480.00 AED Million [+]
Money Supply M3 1805628.00 1797100.00 1805628.00 506641.00 AED Million [+]
Banks Balance Sheet 3102.30 3074.20 3102.30 1456.20 AED Billion [+]
Loan Growth 4.90 5.50 10.20 1.70 percent [+]
Loans To Private Sector 795072.00 803585.00 818739.00 267578.00 AED Million [+]
Foreign Exchange Reserves 353.12 371.58 405.94 138.63 AED Billion [+]
Central Bank Balance Sheet 443.40 452.16 457.08 48.74 AED Billion [+]


United Arab Emirates Three Month Interbank Rate
The interbank rate is the rate of interest charged on short-term loans made between banks in the local currency.