Antigua and Barbuda: base interest rate 2010-2017
In Antigua and Barbuda, the base interest rate has remained steady at 6.5 percent between 2010 and 2017. In comparison to other countries in the Latin American and Caribbean region, this interest rate was one of the highest. Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates.
