Forex Interest Rates

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