The central bank of Bahrain increased its one-week deposit facility by 25bps to 5.5% on February 2, 2023, tracking the US Fed’s hike. The bank also raised its one-month deposit, overnight deposit and lending rates by 25 bps. Bahrain usually follows the Fed’s lead on interest rates as it maintains an exchange rate peg at 0.376 Bahraini dinars to the US dollar. source: Central Bank of Bahrain
Interest Rate in Bahrain averaged 1.59 percent from 2006 until 2023, reaching an all time high of 5.50 percent in February of 2023 and a record low of 0.50 percent in September of 2009. This page provides the latest reported value for - Bahrain Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bahrain Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
Interest Rate in Bahrain is expected to be 5.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.