rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » Highest and lowest interest rates across the world

Highest and lowest interest rates across the world

Last updated on: January 30, 2013 09:52 IST

Highest and lowest interest rates across the world

     Next

Next

Interest rate is the price a borrower pays for the money borrowed from a lender.  

Banks borrow money from the central bank then lend the money at a higher rate to make profits.

Interest rates give an idea about the state of a national economy. Lower interest rates can boost domestic investment, business and productivity.

Take a look at interest rates across the world according to worldinterestrates.info...

Egypt

Current Rate: 9.25%
Previous Rate: 8.25%
Change: 1%
Last Change: Nov 24 2011

Click NEXT to read more...   


Image: Central Bank of Egypt Headquarters is seen in Cairo.
Photographs: Tarek Mostafa/Reuters.
Tags: , Egypt

     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

India

Current Rate: 7.75%
Previous Rate: 8%
Change: -0.25%
Last Change: Jan 29 2013

Click NEXT to read more...


Image: Reserve Bank of India.
Photographs: Danish Siddiqui/Reuters.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Brazil

Current Rate: 7.25%
Previous Rate: 7.5%
Change: -0.25%          
Last Change: Oct 10 2012

Click NEXT to read more...                           


Image: Brazilian currency notes.
Photographs: Reuters.
Tags: , Brazil

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

China

Current Rate: 6%
Previous Rate: 6.31%
Change: -0.31%
Last Change: Jul 05 2012

Click NEXT to read more...               


Photographs: Reuters.
Tags: , China

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Hungary

Current Rate: 6%
Previous Rate:6.25%
Change: -0.25%
Last Change: Nov 27 2012

Click NEXT to read more...


Photographs: Egrian/Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Iceland

Current Rate: 6%
Previous Rate: 5.75%
Change: 0.25%
Last Change: Nov 14 2012

Click NEXT to read more...   


Photographs: Courtesy, Central Bank of Iceland.
Tags: , Iceland

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Indonesia

Current Rate: 5.75%
Previous Rate:6%
Change: -0.25%
Last Change: Feb 09 2012

Click NEXT to read more...


Image: Central Bank of Indonesia.
Photographs: Courtesy, Central Bank of Indonesia.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Turkey

Current Rate: 5.75%
Previous Rate:6.25%
Change: -0.5%
Last Change: Aug 05 2011

Click NEXT to read more...


Photographs: Courtesy, banknotes.it
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Chile

Current Rate: 5%
Previous Rate: 5.25%
Change: -0.25%
Last Change: Jan 13 2012

Click NEXT to read more...                           


Photographs: Courtesy, Central Bank of Chile.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

South Africa

Current Rate: 5%
Previous Rate:5.5%
Change: -0.5%
Last Change: Jul 19 2012

Click NEXT to read more...


Photographs: Courtesy, South African Reserve Bank.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Mexico

Current Rate: 4.5%
Previous Rate:4.75%
Change: -0.25%
Last Change: Jul 17 2009

Click NEXT to read more...


Image: Bank of Mexico.
Photographs: Thelmadatter/Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Poland

Current Rate: 4.5%
Previous Rate:4.75%
Change: -0.25%
Last Change: Nov 07 2012

Click NEXT to read more...


Image: National Bank of Poland.
Photographs: Lestath/Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Colombia

Current Rate: 4.25%
Previous Rate: 4.5%
Change: -0.25%
Last Change: Jan 04 2013                               

Click NEXT to read more...   


Image: Bank of the Republic.
Photographs: Pedro Felipe/Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Philippines

Current Rate: 3.5%
Previous Rate: 3.75%
Change: -0.25%
Last Change: Oct 25 2012

Click NEXT to read more...               


Image: Central Bank of the Philippines.
Photographs: Ramon FVelasquez/Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Australia

Current Rate: 3%
Previous Rate:3.25%
Change: -0.25%
Last Change: Dec 05 2012

Click NEXT to read more...


Image: Sun reflects off the front door sign of the Reserve Bank of Australia building in Sydney.
Photographs: Tim Wimborne/Reuters.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Malaysia

Current Rate: 3%
Previous Rate:2.75%
Change: 0.25%
Last Change: Jul 08 2010

Click NEXT to read more...


Image: Central Bank of Malaysia.
Photographs: Wikimedia Commons.
Tags: , Malaysia

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Thailand

Current Rate: 2.75%
Previous Rate:3%
Change: -0.25%
Last Change: Oct 17 2012

Click NEXT to read more...


Image: Seal of the Bank of Thailand.
Photographs: Sodacan/Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Republic of Korea

Current Rate: 2.75%
Previous Rate:3.25%
Change: -0.5%
Last Change: Oct 11 2012

Click NEXT to read more...


Image: Bank of Korea in Seoul, Korea.
Photographs: Kaflan/Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

New Zealand

Current Rate: 2.5%
Previous Rate:3%
Change: -0.5%
Last Change: Mar 09 2011

Click NEXT to read more...


Image: Reserve Bank of New Zealand.
Photographs: Kaihsu Tai/Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Taiwan

Current Rate: 1.875%
Previous Rate:1.75%
Change: 0.125%
Last Change: Jul 01 2011

Click NEXT to read more...


Photographs: Taiwan Junior/Wikimedia Commons.
Tags: , Taiwan

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Israel

Current Rate: 1.75%
Previous Rate:2%
Change: -0.25%
Last Change: Dec 24 2012

Click NEXT to read more...


Image: Bank of Israel, Jerusalem.
Photographs: Ester Inbar/Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Norway

Current Rate: 1.5%
Previous Rate:1.75%
Change: -0.25%
Last Change: Mar 14 2012

Click NEXT to read more...


Image: Central Bank of Norway.
Photographs: Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Denmark

Current Rate: 1.25%
Previous Rate:0.75%
Change: 0.5%
Last Change: Jul 08 2011

Click NEXT to read more...


Photographs: Mahlum/Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Sweden

Current Rate: 1.25%
Previous Rate: 1.5%
Change: -0.25%
Last Change: Sep 06 2012 

Click NEXT to read more...   


Photographs: Courtesy, Central Bank of Sweden.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Canada

Current Rate: 1%
Previous Rate:0.75%
Change: 0.25%
Last Change: Sep 08 2010

Click NEXT to read more...


Image: Bank of Canada.
Photographs: Courtesy, Bank of Canada.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

Czech Republic

Current Rate: 0.75%
Previous Rate:1%
Change: -0.25%
Last Change: May 06 2010

Click NEXT to read more...


Image: Czech central bank, HQ in Prague.
Photographs: Kirk/Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

European Monetary Union

Current Rate: 0.75%
Previous Rate:1%
Change: -0.25%
Last Change: Jul 05 2012

Click NEXT to read more...


Photographs: Andrew Netzler/Wikimedia Commons.
Tags:

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

United Kingdom

Current Rate: 0.5%
Previous Rate:1%
Change: -0.5%
Last Change: Mar 05 2009

Hong Kong
Current Rate: 0.5%
Previous Rate:1.5%
Change: -1%
Last Change: Dec 17 2008

Click NEXT to read more...


Photographs: Mtaylor848/ Wikimedia Commons.

Prev     Next

Highest and lowest interest rates across the world

Prev     Next
Prev

Next

United States

Current Rate: 0.25%
Previous Rate:1%
Change: -0.75%
Last Change: Dec 16 2008

Click NEXT to read more...


Image: The Federal Reserve Building stands in Washington.
Photographs: Joshua Roberts/Reuters.

Prev     Next

Highest and lowest interest rates across the world

Prev     More
Prev

More

Japan

Current Rate: 0.1%
Previous Rate:0.3%
Change: -0.2%
Last Change: Dec 19 2008

Switzerland

Current Rate: 0%
Previous Rate: 0.25%
Change: -0.25%
Last Change: Aug 03 2011


Image: A man walks past the Bank of Japan headquarters building in Tokyo.
Photographs: Yuriko Nakao/Reuters.
Tags: Japan

Prev     More