Interbank Rate in South Africa decreased to 7.88 percent on Wednesday November 20 from 7.93 in the previous day. Interbank Rate in South Africa averaged 7.75 percent from 1999 until 2024, reaching an all time high of 16.96 percent in February of 1999 and a record low of 3.33 percent in October of 2020. source: South African Reserve Bank
Interbank Rate in South Africa is expected to be 7.88 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Three Month Interbank Rate is projected to trend around 6.88 percent in 2025 and 5.63 percent in 2026, according to our econometric models.