Central Bank Current Interest Rates by Country

This map shows the central bank current interest rates by country.

What is Central Bank?

A central bank, or reserve bank, or monetary authority is a public institution that usually issues the currency, regulates the money supply, and controls the interest rates in a country. Central banks often also oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on printing the national currency, which usually serves as the nation's legal tender.

What is Central Bank Current Interest Rates?

The current interest rate is the rate at which commercial banks can borrow money from the central bank. The interest rates are used by central banks to shape monetary policy. Central bank interest rates are one of the most effective tools to promote growth and keep inflation under certain limits.