Central Bank Interest Rates
This page provides a guide to the current interest rates of several central banks from around the world. These are the rates at which central banks lend money to commercial banks. Interest rates are a viable tool used by central banks to conduct their countries’ monetary policies.
Click on the name of а country and you will see a historical graphic representation of the changes to its central bank’s interest rate.
How central bank interest rates affect currency trading
Interest rates are of great significance when determining currency prices. The central banks, whose decisions directly affect the flow of investments into a country, are the most important players as they set current interest rates.
A currency is representative of a country’s economy, so differences in interest rates will influence the relative worth of currencies to one another.
Changes in central banks’ interest rates usually cause fluctuations on the currency market.
The herein information is obtained from widespread data resources, and it is not aimed to be an offer for buying or selling any financial instruments.
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