Repo Rate in the United States remained unchanged at 5.37 on Tuesday April 9. This dataset provides - United States Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In June 2023, the repo rate set by Reserve Bank of India stood at *** percent. In May 2022, the repo rate was *** percent, after which it spiked continuously. The repo rate is defined as the rate at which the central bank of a country, in this case the Reserve Bank of India (RBI), lends money to commercial banks in case of lack of funds.

Reverse Repo Rate in India remained unchanged at 3.35 percent in June. This dataset provides - India Reverse Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in India was last recorded at 5.50 percent. This dataset provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The dataset shows Bank Rate, Fix Range LAF Rates, Cash Reserve Ratio, Marginal Standing Facility, Statutory Liquidity Ratio

Note: 1. Cash reserve ratio is as prescribed under Section 42(1) of the RBI Act, 1934. Statutory Liquidity Ratio is as prescribed under Section 24 of the Banking Regulation Act, 1949. 2. The Liquidity Adjustment Facility (LAF) system was operating on 'auction-based variable rate' during the period from April 27, 2001 to March 28, 2004, and moved to 'fixed rate' mode from March 29, 2004. 3. Till October 28, 2004, nomenclature of repo indicated absorption of liquidity and reverse repo meant injection of liquidity by the Reserve Bank. However, with effect from October 29, 2004 nomenclature of repo and reverse repo has been interchanged as per international usage. The current nomenclature is followed in this Table. 4. Since May 3, 2011 the repo rate is the single independently varying policy rate. The reverse repo rate is linked to the repo rate and was pegged at a 100 basis points below the repo rate. The peg was brought down to 50 basis points w.e.f. April 5, 2016. since April 6,2017 the rate is pegged at a 25 basis points below the repo rate. Since March 27, 2020 the reverse repo rate was adjusted to 40 basis point below the repo rate and w.e.f April 17, 2020, it is pegged to a 65 basis points below the repo rate. 5. Standing Deposit Facility (SDF) was introduced on April 08, 2022 at 3.75 percent. The SDF rate is placed at 25 basis points below the policy repo rate and has replaced the fixed reverse repo rate as the floor of the LAF corridor since April 8, 2022. 6. The Marginal Standing Facility (MSF) was introduced from the fortnight beginning May 7, 2011. Under the MSF, scheduled commercial banks could borrow overnight up to one percent of their respective NDTL below the prescribed SLR, at a rate determined with a spread of 100 basis points above the repo rate. The borrowing limit was raised to up to two percent below the prescribed SLR on April 17, 2012. This limit was temporarily increased to three percent on March 27, 2020 for a period up to June 30, 2020 and subsequently extended up to September 30, 2020. The increased limit was further extended till September 30, 2021 on February 05, 2021 and then to December 31, 2021 on August 06, 2021. The spread of the MSF above the repo rate was increased to 300 basis points on July 15, 2013. The spread was narrowed to 200 basis points on September 20, 2013 and further to 150 basis points on October 7, 2013 before being restored to 100 basis points on October 29, 2013. The spread was reduced further to 50 basis points on April 5, 2016. The present spread w.e.f. April 6, 2017 is 25 basis points above the repo rate.

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.

Switzerland Central Bank Reverse Repo Rate data was reported at -0.992 % pa in 2016. This records an increase from the previous number of -1.029 % pa for 2015. Switzerland Central Bank Reverse Repo Rate data is updated yearly, averaging 2.163 % pa from Dec 1980 (Median) to 2016, with 37 observations. The data reached an all-time high of 8.318 % pa in 1990 and a record low of -1.029 % pa in 2015. Switzerland Central Bank Reverse Repo Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Switzerland – Table CH.IMF.IFS: Money Market and Policy Rates: Annual.

In March 2025, the weighted average interest rate of the interbank pledged repo market in China was **** percent. After the outbreak of COVID-19 the interest rates dropped under two percent. July 2020 marked the first month after the spread of the pandemic that saw increasing interbank lending interest rates.

The benchmark interest rate in Bangladesh was last recorded at 10 percent. This dataset provides the latest reported value for - Bangladesh Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Overnight Reverse Repurchase Agreements Award Rate: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations (RRPONTSYAWARD) from 2013-09-23 to 2025-07-31 about reverse repos, overnight, securities, Treasury, sales, rate, and USA.

Saudi Arabia Reverse Repo Rate: Average: Annual data was reported at 1.500 % pa in 2017. This records an increase from the previous number of 0.750 % pa for 2016. Saudi Arabia Reverse Repo Rate: Average: Annual data is updated yearly, averaging 0.417 % pa from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 4.829 % pa in 2007 and a record low of 0.250 % pa in 2014. Saudi Arabia Reverse Repo Rate: Average: Annual data remains active status in CEIC and is reported by Saudi Arabian Monetary Authority. The data is categorized under Global Database’s Saudi Arabia – Table SA.M001: Repo Rate and Reverse Repo Rate.

Sri Lanka LK: Central Bank Reverse Repo Rate data was reported at 8.750 % pa in 2017. This records an increase from the previous number of 8.500 % pa for 2016. Sri Lanka LK: Central Bank Reverse Repo Rate data is updated yearly, averaging 9.000 % pa from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 14.000 % pa in 2001 and a record low of 7.500 % pa in 2015. Sri Lanka LK: Central Bank Reverse Repo Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Sri Lanka – Table LK.IMF.IFS: Money Market and Policy Rates: Annual.

Bangladesh BD: Central Bank Reverse Repo Rate data was reported at 11.990 % pa in 2024. This records an increase from the previous number of 11.375 % pa for 2023. Bangladesh BD: Central Bank Reverse Repo Rate data is updated yearly, averaging 5.250 % pa from Dec 2005 (Median) to 2024, with 20 observations. The data reached an all-time high of 11.990 % pa in 2024 and a record low of 1.970 % pa in 2020. Bangladesh BD: Central Bank Reverse Repo Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Bangladesh – Table BD.IMF.IFS: Money Market and Policy Rates: Annual.

Policy interest rates in the U.S. and Europe are forecasted to decrease gradually between 2024 and 2027, following exceptional increases triggered by soaring inflation between 2021 and 2023. The U.S. federal funds rate stood at **** percent at the end of 2023, the European Central Bank deposit rate at **** percent, and the Swiss National Bank policy rate at **** percent. With inflationary pressures stabilizing, policy interest rates are forecast to decrease in each observed region. The U.S. federal funds rate is expected to decrease to *** percent, the ECB refi rate to **** percent, the Bank of England bank rate to **** percent, and the Swiss National Bank policy rate to **** percent by 2025. An interesting aspect to note is the impact of these interest rate changes on various economic factors such as growth, employment, and inflation. The impact of central bank policy rates The U.S. federal funds effective rate, crucial in determining the interest rate paid by depository institutions, experienced drastic changes in response to the COVID-19 pandemic. The subsequent slight changes in the effective rate reflected the efforts to stimulate the economy and manage economic factors such as inflation. Such fluctuations in the federal funds rate have had a significant impact on the overall economy. The European Central Bank's decision to cut its fixed interest rate in June 2024 for the first time since 2016 marked a significant shift in attitude towards economic conditions. The reasons behind the fluctuations in the ECB's interest rate reflect its mandate to ensure price stability and manage inflation, shedding light on the complex interplay between interest rates and economic factors. Inflation and real interest rates The relationship between inflation and interest rates is critical in understanding the actions of central banks. Central banks' efforts to manage inflation through interest rate adjustments reveal the intricate balance between economic growth and inflation. Additionally, the concept of real interest rates, adjusted for inflation, provides valuable insights into the impact of inflation on the economy.

Key information about South Africa Policy Rate

• South Africa cash rate (Policy Rate: Month End: Repo Rate) was set at 7.50 % pa in Feb 2025, compared with 7.50 % pa in the previous Jan 2025.
• South Africa Policy Rate averaged 7.00 % pa and is updated monthly, available from Nov 1999 to Feb 2025.
• The data reached an all-time high of 13.50 % pa in May 2003 and a record low of 3.50 % pa in Oct 2021.

• In the latest reports, South Africa Short Term Interest Rate: Month End: Treasury Bills Rate: 91 Days was reported at 7.41 % pa in Feb 2025.
• Its Long Term Interest Rate (Government Bond Yield: Month End: 10 Years and Over) was reported at 10.52 % pa in Feb 2025.
• South Africa Exchange Rate against USD averaged 18.74 (USD/ZAR) in Jun 2023.
• Its Real Effective Exchange Rate was 89.35 in Dec 2024.

India PFS: RBI: Repo Rate: Period End: Current Quarter: Maximum data was reported at 6.300 % in Jun 2018. This records an increase from the previous number of 6.250 % for Jun 2017. India PFS: RBI: Repo Rate: Period End: Current Quarter: Maximum data is updated quarterly, averaging 6.750 % from Mar 2008 (Median) to Jun 2018, with 24 observations. The data reached an all-time high of 9.300 % in Sep 2008 and a record low of 4.750 % in Dec 2009. India PFS: RBI: Repo Rate: Period End: Current Quarter: Maximum data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Business and Economic Survey – Table IN.SE042: Professional Forecasters Survey (PFS): Reserve Bank of India: Quarterly Forecasts: Repo Rate: Period End.

Japan Tokyo Repo Rate: Overnight: T+0 data was reported at -0.125 % pa in Oct 2018. This records an increase from the previous number of -0.169 % pa for Sep 2018. Japan Tokyo Repo Rate: Overnight: T+0 data is updated monthly, averaging 0.095 % pa from Oct 2007 (Median) to Oct 2018, with 133 observations. The data reached an all-time high of 0.750 % pa in Sep 2008 and a record low of -0.520 % pa in Mar 2017. Japan Tokyo Repo Rate: Overnight: T+0 data remains active status in CEIC and is reported by Japan Securities Dealers Association. The data is categorized under Global Database’s Japan – Table JP.M013: Repo Rate.

Reverse Repo Rate: End of Period: 1 Week data was reported at 9.250 % pa in Oct 2018. This records an increase from the previous number of 9.000 % pa for Sep 2018. Reverse Repo Rate: End of Period: 1 Week data is updated monthly, averaging 7.250 % pa from Jul 2005 (Median) to Oct 2018, with 160 observations. The data reached an all-time high of 11.000 % pa in May 2017 and a record low of 5.500 % pa in Mar 2017. Reverse Repo Rate: End of Period: 1 Week data remains active status in CEIC and is reported by The National Bank of the Republic of Kazakhstan. The data is categorized under Global Database’s Kazakhstan – Table KZ.M004: Refinancing Rate and Reverse Repo Rate.

Japan Tokyo Repo Rate: 3 Week data was reported at -0.134 % pa in Nov 2018. This records an increase from the previous number of -0.139 % pa for Oct 2018. Japan Tokyo Repo Rate: 3 Week data is updated monthly, averaging 0.100 % pa from Oct 2007 (Median) to Nov 2018, with 134 observations. The data reached an all-time high of 0.594 % pa in Sep 2008 and a record low of -0.164 % pa in Apr 2016. Japan Tokyo Repo Rate: 3 Week data remains active status in CEIC and is reported by Japan Securities Dealers Association. The data is categorized under Global Database’s Japan – Table JP.M013: Repo Rate.

In December 2023, the reverse repo rate for Bank Indonesia was *** percent, the highest rate it had been since October 2016. Due to anticipation of inflation, this increase was made to strengthen the framework for monetary operations.