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Paraguay: base interest rate 2010-2018

In 2018, the Central Bank of Paraguay set the monetary policy rate at 5.25 percent, having gradually decreased after reaching 6.73 percent 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 Paraguay from 2010 to 2018

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Source

Release date

December 2018

Region

Paraguay

Survey time period

2010 to 2018

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