China Interest Rate 1996-2017 | Data | Chart | Calendar | Forecast | News

The People’s Bank of China raised interest rates for open market operations by 5 basis points on December 14, 2017, hours after the Federal Reserve's decision to tighten monetary policy. The rate for 7-day reverse repurchase agreements were raised to 2.5 percent and that for the 28-day reverse repurchase rate was increased to 2.8 per cent. It was the third rise for repos this year after a move in March that followed a Fed rate rise. At the same time, PBoC raised interest rate for its one-year medium-term lending facility (MLF) by 5 basis points to 3.25 percent. "The upward adjustment reflected supply and demand in the market, and was a "normal market reaction" to Fed's rate increase, PBoC said in a statement on its website. The benchmark lending rate was held steady at 4.35 percent. It was last cut by 25 basis points in October 2015. Interest Rate in China averaged 6.17 percent from 1996 until 2017, reaching an all time high of 10.98 percent in June of 1996 and a record low of 4.35 percent in October of 2015.

China Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2015-06-27 10:00 AM Interest Rate Decision 4.85% 5.1%
2015-08-25 11:20 AM Interest Rate Decision 4.6% 4.85%
2015-10-23 12:25 PM Interest Rate Decision 4.35% 4.6%


China Money Last Previous Highest Lowest Unit
Interest Rate 4.35 4.35 10.98 4.35 percent [+]
Cash Reserve Ratio 17.00 17.00 21.50 6.00 percent [+]
Interbank Rate 5.38 5.45 9.89 0.00 percent [+]
Money Supply M0 6860.00 6820.00 8659.86 17.85 CNY Billion [+]
Money Supply M1 53560.00 52600.00 53560.00 74.51 CNY Billion [+]
Money Supply M2 167000.00 165340.00 167000.00 5840.10 CNY Billion [+]
Central Bank Balance Sheet 362473.88 358875.34 362473.88 34443.90 CNY HML [+]
Banks Balance Sheet 1120.00 663.20 2510.00 -32.10 CNY Billion [+]
Foreign Exchange Reserves 3119000.00 3109213.00 3993212.72 2262.00 USD Million [+]
Loans to Private Sector 16000.00 10400.00 37202.00 -974.00 CNY HML [+]
Deposit Interest Rate 1.50 1.50 11.34 1.50 percent [+]
Loan Growth 13.30 13.00 34.44 10.60 percent [+]
Reverse Repo Rate 2.50 2.50 4.40 2.25 percent [+]
Loans To Banks 1191183.42 1179921.07 1191183.42 413413.10 CNY HML [+]
Fixed Asset Investment 7.20 7.30 53.00 6.30 percent [+]


China Interest Rate

In China, interest rates decisions are taken by The Peoples' Bank of China Monetary Policy Committee. The PBC administers two different benchmark interest rates: one year lending and one year deposit rate. This page 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. China Interest Rate - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.35 4.35 10.98 4.35 1996 - 2017 percent Daily




interest rate by Country
Country Last
Turkey 8.00 Dec/17
Russia 7.75 Dec/17
Mexico 7.25 Dec/17
Brazil 7.00 Dec/17
India 6.00 Dec/17
China 4.35 Nov/17
Indonesia 4.25 Dec/17
Australia 1.50 Dec/17
South Korea 1.50 Nov/17
United States 1.50 Dec/17
Canada 1.00 Dec/17
United Kingdom 0.50 Dec/17
Euro Area 0.00 Dec/17
France 0.00 Dec/17
Germany 0.00 Dec/17
Italy 0.00 Dec/17
Netherlands 0.00 Dec/17
Spain 0.00 Dec/17
Japan -0.10 Oct/17
Switzerland -0.75 Dec/17