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Bank of Rwanda Interest Rate

Interest Rate in Rwanda

Indicator Data Period
Interest Rate 7 % May/23


Latest data on Interest Rate (%)

Interest Rate
                     Rwanda - Historical Data (%)

What is Bank of Rwanda Interest Rate?

  • Interest Rate in Rwanda remained unchanged at 7 % in May 2023. The maximum level was 9 % and minimum was 4.5 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
7 May/23 11.05.2023
7 Apr/23 04.05.2023
7 Mar/23 18.04.2023
7 Feb/23 16.02.2023
6.5 Dec/22 08.01.2023
6.5 Nov/22 15.11.2022
6 Oct/22 02.11.2022
6 Sep/22 06.10.2022


Historical Chart by presidents (%)

Interest Rate in Rwanda by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Paul Kagame 24.03.2000 - 9.0000 5.0000 9.0000 5.0000 -44.44%

Other money indicators in Rwanda

Index Updated Actual Previous
Interbank Rate Apr/23 7.71 % 7.62
Money Supply M1 Feb/23 1.486 B USD 1.494
Deposit Interest Rate 2022 7.58 % 8.05
Foreign Direct Investment 2022 0.316 B USD 0.212
Private Sector Credit  Feb/23 2.902 B USD 2.85

Interest Rate in other countries

Country Updated Actual Previous
Egypt May/23 18.25 % 18.25
Kenya May/23 9.5 % 9.5
Madagascar May/23 9.5 % 9.5
Zimbabwe May/23 140 % 140
Tanzania Apr/23 5 % 5
Togo Mar/23 5 % 4.75
Tunisia Apr/23 8 % 8
Nigeria May/23 18.5 % 18
Sudan Jan/23 27.3 % 26.82
Morocco May/23 3 % 3
Senegal Mar/23 5 % 4.75
Seychelles May/23 2 % 2
South Africa May/23 8.25 % 7.75
Uganda May/23 10 % 10
Rwanda May/23 7 % 7
Liberia May/23 17.5 % 15
Zambia May/23 9.5 % 9.25
Mozambique May/23 17.25 % 17.25
Namibia May/23 7.25 % 7.25
Ghana May/23 29.5 % 29.5
Swaziland May/23 7.75 % 7.25
Libya May/23 3 % 3
Algeria May/23 3 % 3
Angola Jun/23 17 % 17
Benin Apr/23 5 % 5
Botswana May/23 2.65 % 2.65
Burkina Faso Apr/23 5 % 5
Burundi Feb/23 6.85 % 5.41
Central African Republic May/23 5 % 5
Chad May/23 5 % 5
Comoros Dec/22 3.08 % 2.87
Republic of the Congo May/23 5 % 5
Equatorial Guinea May/23 5 % 5
Ethiopia May/23 7 % 7
Gabon May/23 5 % 5
Gambia May/23 16 % 14
Guatemala May/23 5 % 5
Guinea May/23 11.5 % 11.5
Guinea Bissau Apr/23 5 % 5
Lesotho May/23 7.5 % 7.5
Malawi May/23 22 % 22
Mali Apr/23 5 % 5
Mauritania Apr/23 8 % 8
Niger Apr/23 5 % 5
Sao Tome and Principe May/23 10 % 10
Sierra Leone May/23 18.75 % 18.75