The benchmark interest rate in China was last recorded at 3 percent. This dataset provides the latest reported value for - China Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about China Policy Rate

• China cash rate (Policy Rate: Month End: China: Rediscount Rate) was set at 2.65 % pa in Jun 2023, compared with 2.75 % pa in the previous May 2023.
• China Policy Rate averaged 3.00 % pa and is updated monthly, available from Jan 2016 to Jun 2023.
• The data reached an all-time high of 3.30 % pa in Oct 2019 and a record low of 2.65 % pa in Jun 2023.

Other key monetary policy rates of The People's Bank of China are also 1-Year Nominal Lending Rate and 7-Day Reverse Repurchase Rate.


Related information about China Policy Rate

• In the latest reports, China Short Term Interest Rate: Month End: SHIBOR: 3 Months was reported at 2.22 % pa in May 2023.
• Its Long Term Interest Rate (Treasury Bond Yield: Interbank: Spot Yield: 10 year) was reported at 2.65 % pa in Jun 2023.
• China Exchange Rate against USD averaged 6.99 (USD/RMB) in May 2023.
• Its Real Effective Exchange Rate was 140.85 in Apr 2023.

Lending Rate in China remained unchanged at 4.35 percent in October from 4.35 percent in September of 2022. This dataset provides - China Prime Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In May 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in May 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

1 Year MLF Rate in China remained unchanged at 2 percent in January. This dataset includes a chart with historical data for China One-Year Medium-Term Lending Facility Rate.

Key information about China Long Term Interest Rate

• China Treasury Bond Yield: Interbank: Spot Yield: 10 year was reported at 1.73 % pa in Feb 2025, compared with 1.64 % pa in the previous month.
• China Long Term Interest Rate data is updated monthly, available from Jul 2008 to Feb 2025.
• The data reached an all-time high of 4.63 % pa in Dec 2013 and a record low of 1.64 % pa in Jan 2025.
• Long Term Interest Rate is reported by reported by National Interbank Funding Center.

Related information about China Long Term Interest Rate

• In the latest reports, China Short Term Interest Rate: Month End: SHIBOR: 3 Months was reported at 1.92 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: China: Rediscount Rate) was set at 2.65 % pa in Jun 2023.
• China Exchange Rate against USD averaged 7.16 (USD/RMB) in Jun 2023.

The central bank provides interest rates for banks to carry out various forms of financing operations, such as rediscounting qualified bills, short-term financing, and secured loan refinancing.

Loan Prime Rate 5Y in China remained unchanged at 3.50 percent in July. This dataset includes a chart with historical data for China Loan Prime Rate 5Y.

China Required Reserve Ratio data was reported at 6.200 % in 15 May 2025. This records a decrease from the previous number of 6.600 % for 14 May 2025. China Required Reserve Ratio data is updated daily, averaging 9.400 % from Sep 2003 (Median) to 15 May 2025, with 7908 observations. The data reached an all-time high of 18.000 % in 05 Sep 2015 and a record low of 6.200 % in 15 May 2025. China Required Reserve Ratio data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MA: Required Reserve Ratio . In view of the fact that the cut of the RRR effective from 15 Oct 2018 was not for all depository institutions, it could not be updated accordingly. Afterwards, if the official has disclosed the exact data of the ratio, it will be updated accordingly. Release date: 07 Oct 2018 In view of the fact that the cut of the RRR effective from 5 July 2018 was not for all depository institutions, it could not be updated accordingly. Afterwards, if the official has disclosed the exact data of the ratio, it will be updated accordingly. Release date: 24 June 2018 In view of the fact that the cut of the RRR effective from 25 April 2018 was not for all depository institutions, it could not be updated accordingly. Afterwards, if the official has disclosed the exact data of the ratio, it will be updated accordingly. Release date: 17 April 2018

Reverse Repo Rate in China remained unchanged at 1.40 percent in June. This dataset provides - China Reverse Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lower Limit of First Home Mortgage Rate: above LPR: Beijing data was reported at -0.450 % Point in 17 May 2025. This stayed constant from the previous number of -0.450 % Point for 16 May 2025. Lower Limit of First Home Mortgage Rate: above LPR: Beijing data is updated daily, averaging 0.550 % Point from Oct 2019 (Median) to 17 May 2025, with 2049 observations. The data reached an all-time high of 0.550 % Point in 25 Jun 2024 and a record low of -0.450 % Point in 17 May 2025. Lower Limit of First Home Mortgage Rate: above LPR: Beijing data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MA: Lower Limit of First Home Mortgage Rate: Prefecture Level City. After adjustment on December 15, 2023: the lower limits of the first and second sets of interest rate policies in the six districts of the city are respectively no less than the market quoted interest rate for loans of the corresponding period plus 10 basis points, and no less than the market quoted interest rate for loans of the corresponding period plus 60 basis points; The lower limits of the first and second sets of interest rate policies in the six non-urban districts are not lower than the market quoted interest rate for loans of the corresponding period, and not lower than the market quoted interest rate for loans of the corresponding period plus 55 basis points.

Gold prices have surged past $3,300, driven by US-China trade tensions, central bank purchases, and anticipated interest rate cuts, setting new records in the market.

From January 2022 to July 2024, a global trend emerged as almost all advanced and emerging economies increased their central bank policy rates. This widespread tightening of monetary policy was in response to inflationary pressures and economic challenges. However, a shift occurred in the latter half of 2024, with most countries beginning to lower their rates, signaling a new phase in the global economic cycle and monetary policy approach. Since September 2023, ****** has consistently held the highest interest rate among the observed countries.

The benchmark interest rate in Hong Kong was last recorded at 4.75 percent. This dataset provides the latest reported value for - Hong Kong Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Each bank publishes information on current accounts, savings deposits, fixed deposits, fixed-term savings deposits, and various interest rates such as mortgage index rates and benchmark rates. (Data for that day)

Brazil's inflation rate and central bank interest rate have experienced significant fluctuations from 2018 to 2025, reflecting broader global economic trends. The country's inflation peaked at ***** percent in April 2020, followed by a gradual decline and subsequent rise, while the central bank adjusted its Selic rate in response to these economic dynamics. This pattern of volatility and monetary policy adjustments mirrors similar experiences in other major economies during the same period. Global context of inflation and interest rates Brazil's economic indicators align with the global trend of rising inflation and subsequent central bank responses observed in many countries. Like Brazil, other major economies such as the United States, United Kingdom, and European Union implemented aggressive rate hikes throughout 2022-2023 to combat inflationary pressures. However, a coordinated shift began in mid-2024, with many central banks initiating rate cuts. This global trend is reflected in Brazil's monetary policy decisions, as the country began reducing its Selic rate in August 2023 after maintaining it at ***** percent for several months. Comparison with other economies While Brazil's inflation rate reached **** percent in April 2025, other major economies exhibited varying levels of inflationary pressure. For instance, China reported a deflationary rate of **** percent, while Russia maintained a high inflation rate of **** percent during the same period. The United Kingdom, which experienced similar volatility in its inflation rate, saw it peak at *** percent in October 2022 before moderating to *** percent by September 2024. These comparisons highlight the diverse economic conditions and policy responses across different countries, with Brazil's experience falling somewhere in the middle of this spectrum.

Key information about China Real Effective Exchange Rate

• China Real Effective Exchange Rate (REER: 2005=100: Month Avg: China) was 135.9 in Jan 2025, compared with the number of 135.3 in the previous month.
• China Real Effective Exchange Rate data is updated monthly and averaged 157.3 from Jan 1994 to Jan 2025.
• The data reached an all-time high of 157.3 in Mar 2022 and a record low of 78.1 in Jan 1994.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. Bank for International Settlements provides Real Effective Exchange Rate Index with base 2020=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.


Related information about China Real Effective Exchange Rate

• In the latest reports, China Short Term Interest Rate: Month End: SHIBOR: 3 Months was reported at 1.7 % pa in Jan 2025.
• The cash rate (Policy Rate: Month End: China: Rediscount Rate) was set at 2.6 % pa in Jun 2023.
• China Exchange Rate against USD averaged 7.2 (USD/RMB) in Jun 2023.

14-Day Reverse Repo Rate in China remained unchanged at 1.65 percent in June. This dataset includes a chart with historical data for China 14-Day Reverse Repo Rate.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for United States (IRLTLT01USM156N) from Apr 1953 to May 2025 about long-term, 10-year, bonds, yield, government, interest rate, interest, rate, and USA.

Key information about Hong Kong SAR (China) Real Effective Exchange Rate

• Hong Kong SAR (China) Real Effective Exchange Rate (REER: 2005=100: Month Avg: Hong Kong SAR (China)) was 111.7 in Jan 2025, compared with the number of 111.1 in the previous month.
• Hong Kong SAR (China) Real Effective Exchange Rate data is updated monthly and averaged 145.0 from Jan 1994 to Jan 2025.
• The data reached an all-time high of 145.0 in Aug 1998 and a record low of 81.0 in Aug 2011.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. Bank for International Settlements provides Real Effective Exchange Rate Index with base 2020=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.


Related information about Hong Kong SAR (China) Real Effective Exchange Rate

• In the latest reports, Hong Kong SAR (China) Short Term Interest Rate: Month End: HIBOR Fixing: 3 Months was reported at 4.0 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Discount Window Base Rate) was set at 4.8 % pa in Jan 2025.
• Hong Kong SAR (China) Exchange Rate against USD averaged 7.8 (USD/HKD) in Jun 2023.