Bahamas: base interest rate 2010-2017

The Bahamas is one of the Caribbean countries that have had relatively stable monetary policy rates from 2010 until 2017. Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates. In 2017, the Bahamas' Central Bank set the base interest rate at four percent, down from 4.46 percent a year earlier.

Monetary policy rate in Bahamas from 2010 to 2017

Monetary policy rate
2017 4%
2016 4.46%
2015 4.5%
2014 4.5%
2013 4.5%
2012 4.5%
2011 4.81%
2010 5.25%
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Source

Release date

December 2018

Region

Bahamas

Survey time period

2010 to 2017

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