English
Language:
Forex interest rates play the most important role in moving the prices of currencies in the Forex market. Central banks are the most influential actors as international interest rates are set by these financial institutions. Forex interest rates dictate flows of investment. Since currencies are the representations of a country’s economy, differences in interest rates affect the relative worth of currencies in relation to one another. When central banks change forex interest rates they cause the forex market to experience movement and volatility. In the realm of Forex trading, accurate speculation of central banks’ actions can enhance the trader's chances for a successful trade.
Roboforex presents international interest rates change table of the main countries from 2009 year to the present day:
|
Country |
Current Interest Rate | Previous | Last Change |
|---|---|---|---|
| Australia | 4.50 % | 4.25 % | May 04 2010 |
| Brazil | 11.25 % | 9.50 % | Jan 21 2011 |
| United Kingdom | 0.50 % | 1.00 % | Mar 05 2009 |
| Hungary | 6.00 % | 5.25 % | Jan 25 2011 |
| Hong Kong SAR | 0.50 % | 1.50 % | Dec 12 2008 |
| European Union | 1.00 % | 1.25 % | May 07 2009 |
| India | 5.75 % | 5.00 % | July 23 2010 |
| Iceland | 4.50 % | 8.00 % | Aug 12 2010 |
| Canada | 1.00 % | 0.50 % | Sept 08 2010 |
| China | 5.81 % | 5.31 % | Dec 28 2010 |
| New Zealand | 2.75 % | 2.50 % | Jul 28 2010 |
| Norway | 2.00 % | 1.75 % | May 05 2010 |
| Poland | 3.75 % | 3.50 % | Jan 20 2010 |
| Republic of Korea | 2.75 % | 2.00 % | Jan 13 2011 |
| United States | 0.25 % | 1.00 % | Dec 16 2008 |
| Taiwan | 1.625 % | 1.25 % | Dec 31 2010 |
| Turkey | 6.25 % | 6.50 % | Jan 20 2011 |
| Czech Republic | 0.75 % | 1.00 % | May 06 2010 |
| Switzerland | 0.25 % | 0.50 % | Mar 12 2009 |
| Sweden | 1.25 % | 0.25 % | Oct 26 2009 |
| South Africa | 5.50 % | 6.50 % | Nov 18 2010 |
| Japan | 0.10 % | 0.30 % | Dec 19 2008 |