Interest rates dropped 1.5% today; this affects so many things. Our savings, our house prices, our purchasing power. How do we compare with the rest of the world?
World Interest Rates Table
Africa
Country/ Current Interest Rate/ Previous/ Last Change
Egypt 11.5% 11.0% Sep 22 2008
South Africa 12.0% 11.5% Jun 13 2008
Asia Pacific
Country/ Current Interest Rate/ Previous/ Last Change
Australia 5.25% 6.00% Nov 04 2008
China 6.66% 6.93% Oct 29 2008
Hong Kong SAR 2.0% 3.5% Oct 09 2008
India 7.5% 8.0% Nov 01 2008
Japan 0.3% 0.5% Oct 31 2008
Korea, Republic 4.25% 5.00% Oct 27 2008
New Zealand 6.5% 7.5% Oct 22 2008
Taiwan 3.25% 3.50% Oct 09 2008
Europe
Country/ Current Interest Rate/ Previous/ Last Change
Czech Republic 2.75% 3.50% Nov 06 2008
Euro 3.75% 4.25% Oct 08 2008
Hungary 11.5% 8.5% Oct 22 2008
Iceland 18.% 12.% Oct 28 2008
Norway 4.75% 5.25% Oct 29 2008
Slovakia 3.75% 4.25% Oct 28 2008
Sweden 3.75% 4.25% Oct 23 2008
Switzerland 2.25% 2.75% Oct 08 2008
United Kingdom Now 3.0% Was 4.5% changed Nov 06 2008
Middle East
Country/ Current Interest Rate/ Previous/ Last Change
Turkey 16.75% 16.25% Jul 17 2008
North America
Country/ Current Interest Rate/ Previous/ Last Change
Canada 2.25% 2.50% Oct 21 2008
United States 1.0% 1.5% Oct 29 2008
South America
Country/ Current Interest Rate/ Previous/ Last Change
Brazil 13.75% 13.00% Sep 10 2008
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