Nicaragua: base interest rate 2011-2017

In 2017, the monetary policy rate in Nicaragua stood at four percent, up from 2.96 percent registered in 2014. 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.

Monetary policy rate in Nicaragua between 2011 and 2017

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Source

Release date

December 2018

Region

Nicaragua

Survey time period

2011, 2012, 2014, and 2017

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