Key data points
Last release
—
Observation period
May 2024
Next release
—
Forecast
—
Highest
75.53% on Feb 28, 2001
Lowest
12.00% on Mar 31, 2022
About Malawi interest rate
In Malawi, interest rates decisions are taken by the Reserve Bank of Malawi’s Monetary Policy Committee. The RBM’s official rate is the key interest rate.
Malawi interest rate reports history
Related indicators
Frequently Asked Questions
Malawi interest rate is 26% at the moment.
Last month Malawi interest rate was 26%, and the month before that it amounted to 26%.
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. When it comes to the national level, interest rate is a rate at which banks borrow money from a country's central bank.
Yes, negative interest rate can be used by the government as a monetary policy tool to stimulate economy growth.
Growing or falling interest rate can influence the country's economy, stimulate it or lower the inflation level. Even people can feel the effect of interest rate's movements — for example, if interest rate increases, loans get more expensive.