Historical dataset of the 12 month LIBOR rate back to 1986. The London Interbank Offered Rate is the average interest rate at which leading banks borrow funds from other banks in the London market. LIBOR is the most widely used global "benchmark" or reference rate for short term interest rates.

Historical dataset of the 30 day LIBOR rate back to 1986. The London Interbank Offered Rate is the average interest rate at which leading banks borrow funds from other banks in the London market. LIBOR is the most widely used global "benchmark" or reference rate for short term interest rates.

United States US: Deposit Rate: LIBOR: USD: 1 Year data was reported at 1.374 % pa in 2016. This records an increase from the previous number of 0.793 % pa for 2015. United States US: Deposit Rate: LIBOR: USD: 1 Year data is updated yearly, averaging 5.594 % pa from Dec 1978 (Median) to 2016, with 39 observations. The data reached an all-time high of 16.135 % pa in 1981 and a record low of 0.585 % pa in 2014. United States US: Deposit Rate: LIBOR: USD: 1 Year data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

The benchmark interest rate in Mexico was last recorded at 8.50 percent. This dataset provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in the United Kingdom remained unchanged at 5.30 percent on Wednesday July 10. This dataset provides - United Kingdom Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The 12-month U.S. dollar LIBOR interest rate amounted to 5.84 percent at the end of June 2023. London Interbank Offered Rate (LIBOR) is one of the primary benchmarks for inter-bank short term lending interest rates around the world, and had declined significantly since reaching its peak of 3.12 percent in November 2018, but increased again throughout 2022 and first half of 2023, recording its new highest value in June.

The benchmark interest rate in Brazil was last recorded at 14.75 percent. This dataset provides - Brazil Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Norway remained unchanged at 4.50 percent on Thursday June 5. This dataset provides - Norway Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Switzerland was last recorded at 0.25 percent. This dataset provides - Switzerland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Services Market Outlook

The global foreign exchange services market is poised to experience a substantial growth trajectory, with market size anticipated to expand from USD 5.5 trillion in 2023 to an estimated USD 8.7 trillion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.2% over the forecast period. This growth is fueled by a variety of factors, including technological advancements, increasing international trade, and growing demand for foreign exchange services from emerging markets. The rise in cross-border transactions and globalization has made foreign exchange services indispensable for individuals, businesses, and financial institutions seeking to optimize their foreign currency management.

One of the primary growth drivers in the foreign exchange services market is the rapid advancement in technology, particularly in digital platforms and mobile applications. These technologies are making foreign exchange services more accessible, efficient, and cost-effective for end-users. The proliferation of smartphones and the internet has facilitated the development of user-friendly platforms that allow instant access to foreign exchange services, thereby driving market growth. Moreover, the advent of blockchain technology has introduced innovative solutions that enhance transparency and reduce the risk of fraud, further bolstering the market expansion.

The increase in international trade and investment activities is another key factor contributing to the growth of the foreign exchange services market. As economies around the world become more interconnected, there is a heightened need for efficient currency conversion and risk management solutions. Businesses engaged in import and export activities, as well as those with overseas operations, rely heavily on foreign exchange services to manage currency volatility and secure favorable exchange rates. This has led to a surge in demand for hedging services, as companies seek to mitigate risks associated with fluctuating currency values.

Additionally, the growing demand for remittance services, particularly in developing regions, is significantly impacting the foreign exchange services market. Migrant workers are increasingly using foreign exchange services to send money back to their home countries, contributing to economic growth in those regions. The rising number of international migrants and expatriates has created a robust demand for cost-effective and reliable remittance services, further accelerating market growth. Governments and financial institutions in these regions are also focusing on improving access to foreign exchange services, which is expected to drive further market expansion.

As the foreign exchange services market continues to evolve, the Libor Transition Service has emerged as a critical component for financial institutions and businesses navigating the shift away from the London Interbank Offered Rate (Libor). This transition is pivotal as it impacts a wide range of financial products and contracts globally. The Libor Transition Service provides essential tools and guidance to ensure a smooth transition to alternative reference rates, minimizing disruptions and maintaining market stability. By offering comprehensive support and resources, this service helps clients adapt to new benchmarks, manage associated risks, and capitalize on emerging opportunities in the post-Libor landscape.

On the regional front, the Asia Pacific region is expected to dominate the foreign exchange services market, driven by rapid economic growth, increasing foreign investments, and a burgeoning middle class with greater disposable incomes. North America and Europe are also significant markets, with well-established financial infrastructures and a high volume of international trade activities. Emerging markets in Latin America and the Middle East & Africa are anticipated to witness strong growth due to increasing cross-border trade and investment activities, supported by favorable governmental policies aimed at attracting foreign investments and facilitating economic development.

Service Type Analysis

The foreign exchange services market is segmented into several service types, including currency exchange, remittance services, hedging services, and others. Currency exchange services are fundamental to the foreign exchange market, providing the basic functionality required for converting one currency into another. This segment is underpinned by the increasing number

Interbank Rate in Thailand remained unchanged at 1.89 percent on Monday June 9. This dataset provides - Thailand Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Canada remained unchanged at 4.97 percent on Wednesday June 26. This dataset provides - Canada Overnight Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Hungary remained unchanged at 6.50 percent on Friday June 6. This dataset provides - Hungary Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Denmark decreased to 2.11 percent on Monday April 28 from 2.12 in the previous day. This dataset provides - Denmark Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Kuwait remained unchanged at 1.56 percent on Tuesday February 27. This dataset provides - Kuwait Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Indonesia remained unchanged at 6.45 percent on Thursday June 5. This dataset provides - Indonesia Interbank Call Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in India increased to 7.21 percent on Tuesday March 18 from 7.20 in the previous day. This dataset provides - India Treasury Bill Yield - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Ireland decreased to 2.14 percent in May from 2.32 percent in April of 2025. This dataset provides - Ireland Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

当前值，历史数据，预测，统计，图表和经济日历 - 美国 - 银行间同业拆借利率. 当前值，历史数据，预测，统计，图表和经济日历 - 美国 - 银行间同业拆借利率.