Interbank overnight interest rate falls

The interbank interest rate on June 28 tumbled in short terms, according to Reuters’ data.

Currently, the interbank overnight interest rate is only 6.3 percent per annum (p.a.), down 0.7 percent from June 27, one week at 7.2-7.38 percent p.a., down 0.3-0.62 percent on day.

Meanwhile, one-month term saw a rise of 0.33-0.46 percent to 8.96-9.33 percent p.a.

In comparison with the highest level in two months (set on June 26), the interbank overnight interest rate has fallen 1.2%, one week down 0.8 percent and one month down nearly 0.2%.

 

Category: Finance