Central bank interest rates

Interest rates of the central banks of the important information for the trader. However, the rates today are changing infrequently, but the moments of solutions for different rates of the Central Bank strongly influence the volatility in the forex market. It is believed that the higher rate of the currency, the more profitable it is to keep funds in it.

Country Central Bank Key Discount Rate Actual Value Last Change Next Examination
FRS
(Federal Reserve System)
Federal Funds Rate 0.5% 16/12/2015
(0.25%)
15/06/2016
ECB
(European Central Bank)
Fixed Rate on Main Refinancing Operations 0% 10/03/2016
(-0.05%)
02/06/2016
BOE
(Bank of England)
Official Bank Rate 0.5% 05/03/2009
(-0.5%)
16/06/2016
BOJ
(Bank of Japan)
Overnight Call Rate Target -0.1% 29/01/2016
(-0.2%)
16/06/2016
SNB
(Swiss National Bank)
3 Month LIBOR Rate -0.75% 15/01/2015
(-0.5%)
16/06/2016
BOC
(Bank of Canada)
Overnight Rate 0.5% 15/07/2015
(0.25%)
25/05/2016
RBA
(Reserve Bank of Australia)
Cash Rate 1.75% 03/05/2015
(-0.25%)
07/06/2016
RBNZ
(Reserve Bank of New Zealand)
Official Cash Rate 2.25% 10/03/2016
(-0.25%)
08/06/2016
Riksbank
(Sweden`s Central Bank)
Repo Rate -0.5% 11/02/2016
(-0.15%)
05/07/2016
Norges Bank
(Norway`s Central Bank)
Sight Deposit Rate 0.5% 18/03/2016
(-0.25%)
23/06/2016
SARB
(South African Reserve Bank)
Repo Rate 7% 28/01/2016
(0.25%)
19/05/2016
Banco de Mexico
(Bank of Mexico)
Overnight Interest-Rate Target 3.75% 17/02/2016
(0.5%)
30/06/2016
HKMA
(Hong Kong Monetary Authority)
Base Rate 0.5% 17/12/2008
(-0.75%)
29/02/2016
MAS
(Monetary Authority of Singapore)
Monetary Authority of Singapore 0.5% 31/12/2013
(0%)
14/10/2016
Danish National Bank
(Danmarks Nationalbank)
Danmarks Nationalbank -0.65% 08/01/2015
(0.1%)
02/06/2016
CBH
(Central Bank of Hungary)
Central Bank of Hungary 1.05% 27/04/2016
(-0.15%)
24/05/2016
NBP
(Narodowy Bank Polski)
Narodowy Bank Polski 1.5% 04/03/2015
(-0.5%)
08/06/2016
CNB
(Сzech National Bank)
Сzech National Bank 0.05% 02/11/2012
(-0.2%)
30/06/2016

Interest rates

At the moment, we are witnessing the fall of the euro just due to the fact that the ECB is not ready to raise rates, and the Fed are ready by 85% to raise rates in the near future. Track the dynamics of the euro the dollar may be here for the Euro Dollar Chart online.

The functions of central banks include the tracking and forecasting of various parameters of the economic cycle, it is the central banks of the world’s countries are struggling with inflation and strongly support economic growth. Central Bank may have a different impact in turn on the economy at several stages of economic growth, there are two types of monetary policy.

Central bank interest rates

Interest rates of central banks have a strong influence in the fundamental terms of the market and not cost disregard the meeting of the Central Bank of different countries, even a solution at a rate in New Zealand can cause serious drop in prices in Forex.