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 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 trading of central banks’ actions can enhance the trader's chances for a successful trade.
Roboforex presents a table of changes in the international interest rates of leading currencies, from 2009 to the present day:
|
Country |
Current Interest Rate* | Previous | Last Change |
|---|---|---|---|
| Australia | 3.00 % | 3.25 % | Dec 04 2012 |
| Brazil | 7.25 % | 7.50 % | Oct 10 2012 |
| United Kingdom | 0.50 % | 1.00 % | Mar 05 2009 |
| Hungary | 5.50 % | 5.75 % | Jan 29 2013 |
| Hong Kong SAR | 0.50 % | 1.50 % | Dec 17 2008 |
| European Union | 0.75 % | 1.00 % | Jul 05 2012 |
| India | 7.75 % | 8.00 % | Jan 29 2013 |
| Iceland | 5.00 % | 4.75 % | Nov 14 2012 |
| Canada | 1.00 % | 0.75 % | Sept 08 2010 |
| China | 6.00 % | 6.31 % | Jul 05 2012 |
| New Zealand | 2.50 % | 3.00 % | Mar 10 2011 |
| Norway | 1.50 % | 1.75 % | Mar 14 2012 |
| Poland | 3.75 % | 4.00% | Feb 06 2013 |
| Republic of Korea | 2.75 % | 3.00 % | Oct 11 2012 |
| United States | 0.25 % | 1.00 % | Dec 16 2008 |
| Taiwan | 1.875 % | 1.750 % | Jun 30 2011 |
| Turkey | 5.50% | 5.75 % | Dec 18 2012 |
| Czech Republic | 0.05 % | 0.25 % | Nov 1 2012 |
| Switzerland | 0.25 % | 0.75 % | Aug 3 2011 |
| Sweden | 1.00 % | 1.25 % | Dec 18 2012 |
| South Africa | 5.00 % | 5.50 % | Jul 19 2012 |
| Japan | 0.10 % | 0.20 % | Oct 5 2010 |