The Reserve Bank of Zimbabwe held its overnight lending rate at 35 percent during a policy meeting on October 2nd, 2020. source: Reserve Bank of Zimbabwe
Interest Rate in Zimbabwe averaged 34.29 percent from 2019 until 2020, reaching an all time high of 70 percent in September of 2019 and a record low of 15 percent in March of 2019. This page provides the latest reported value for - Zimbabwe Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Zimbabwe Interest Rate - values, historical data and charts - was last updated on December of 2020.
Interest Rate in Zimbabwe is expected to be 35.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Zimbabwe to stand at 70.00 in 12 months time. In the long-term, the Zimbabwe Interest Rate is projected to trend around 70.00 percent in 2021 and 50.00 percent in 2022, according to our econometric models.