Deposit Interest Rate in Maldives remained unchanged at 1.50 percent in June from 1.50 percent in May of 2022. source: Maldives Monetary Authority

Deposit Interest Rate in Maldives averaged 2.48 percent from 1980 until 2022, reaching an all time high of 9.09 percent in December of 1985 and a record low of 1.50 percent in December of 2010. This page includes a chart with historical data for Deposit Interest Rate in Maldives. Maldives Overnight Deposit Facility Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Deposit Interest Rate in Maldives is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Maldives Overnight Deposit Facility Rate is projected to trend around 1.50 percent in 2023, according to our econometric models.

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Maldives Overnight Deposit Facility Rate



Related Last Previous Unit Reference
Deposit Interest Rate 1.50 1.50 percent Jun 2022

Maldives Overnight Deposit Facility Rate
The Maldives Monetary Authority commenced the Overnight Deposit Facility for the commercial banks on 23rd March 2010, whereby banks can place their excess funds at the MMA overnight. This facility carries the lowest rate in the system, below the deposit rate offered to commercial banks' customers. The ODF rate is 1.5% per annum, effective 1st September 2014.
Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.50 9.09 1.50 1980 - 2022 percent Monthly
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