Cyprus Policy Rate
Cyprus cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 0.00 % pa in Nov 2020, compared with 0.00 % pa in the previous Oct 2020. Cyprus Policy Rate averaged 1.25 % pa and is updated monthly, available from Jan 1999 to Nov 2020. The data reached an all-time high of 4.75 % pa in Apr 2001 and a record low of 0.00 % pa in Nov 2020. Cyprus joined the Euro Area on January 1st, 2008, thus adopting the European Central Bank (ECB) monetary policy mechanisms.
In the latest reports, Cyprus Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.52 % pa in Oct 2020. Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Cyprus: ECB Harmonised) was reported at 0.44 % pa in Oct 2020. Cyprus Exchange Rate against USD averaged 0.85 (EUR/USD) in Sep 2020.
View Cyprus's Policy Rate from Jan 1999 to Nov 2020 in the chart:
What was Cyprus's Policy Rate in Nov 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 0.00 Nov 2020 | 0.00 Oct 2020 | 0.00 Nov 2020 | 4.75 Apr 2001 | % pa | monthly | Jan 1999 - Nov 2020 |
Policy Rate by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (% pa) | 0.50 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
| Algeria (% pa) | 3.00 Dec 2020 | monthly | Jan 1963 - Dec 2020 |
| Argentina (%) | 30.79 Oct 2020 | monthly | Aug 1985 - Oct 2020 |
| Armenia (% pa) | 5.25 Dec 2020 | monthly | May 2001 - Dec 2020 |
| Australia (% pa) | 0.10 Nov 2020 | monthly | Aug 1990 - Nov 2020 |
| Austria (% pa) | 0.00 Dec 2020 | monthly | Jan 1999 - Dec 2020 |
| Azerbaijan (% pa) | 6.50 Nov 2020 | monthly | Jan 2005 - Nov 2020 |
| Bahrain (% pa) | 1.00 Dec 2020 | monthly | Jan 2007 - Dec 2020 |
| Bangladesh (% pa) | 4.75 Nov 2020 | monthly | Sep 2009 - Nov 2020 |
| Belarus (% pa) | 7.75 Dec 2020 | monthly | Jul 1991 - Dec 2020 |
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