The central bank of Bahrain increased its one-week deposit facility by 75bps to 4.00% on September 21, 2022, tracking the US Fed’s hike. The bank also raised its overnight deposit rate and lending rates by 75 bps to 3.75% and 5.25% respectively. 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 1.52 percent from 2006 until 2022, reaching an all time high of 5 percent in February of 2007 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 September of 2022.

Interest Rate in Bahrain is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahrain Interest Rate is projected to trend around 4.75 percent in 2023 and 4.50 percent in 2024, according to our econometric models.

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Bahrain Interest Rate



Related Last Previous Unit Reference
Interest Rate 4.00 3.25 percent Sep 2022
Interbank Rate 5.00 5.00 percent Sep 2022
Money Supply M0 572.20 562.80 BHD Million Jul 2022
Money Supply M2 14020.00 13802.00 BHD Million Jul 2022
Reverse Repo Rate 3.75 3.00 percent Sep 2022
Banks Balance Sheet 224359.80 222202.30 USD Million Aug 2022
Money Supply M3 15152.00 15265.00 BHD Million Jul 2022
Money Supply M1 7690.00 4863.00 BHD Million Jul 2022
Loans to Private Sector 5111.30 5108.30 BHD Million Jul 2022
Loan Growth 7.86 5.09 percent Jul 2022
Foreign Exchange Reserves 1236.90 1326.00 BHD Million Jul 2022
Central Bank Balance Sheet 4478.20 4361.90 BHD Million Jul 2022

Bahrain Interest Rate
In Bahrain, interest rate decisions are taken by the Central Bank of Bahrain. The official interest rate is the One Week Deposit Rate.
Actual Previous Highest Lowest Dates Unit Frequency
4.00 3.25 5.00 0.50 2006 - 2022 percent Daily

News Stream
Bahrain Raises Rates in Line with Fed
The central bank of Bahrain increased its one-week deposit facility by 75bps to 4.00% on September 21, 2022, tracking the US Fed’s hike. The bank also raised its overnight deposit rate and lending rates by 75 bps to 3.75% and 5.25% respectively. 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.
2022-09-21
Bahrain Lifts Borrowing Costs in Line with Fed
The central bank of Bahrain increased its key one-week deposit facility by 75bps to 3.25% on July 27th 2022, tracking a similar hike in the US Fed funds rate. The bank also raised its overnight deposit rate and lending rates by 75 bps to 3% and 4.25% respectively. 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.
2022-07-27
Bahrain Hikes Rates Following Fed
The central bank of Bahrain increased its key one-week deposit facility by 75bps to 2.50% on June 15th 2022, tracking a similar hike in the US Fed funds rate. The bank also raised its overnight deposit rate and lending rates by 75 bps to 2.25% and 3.75%, respectively. 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.
2022-06-15