Friday Dec 19, 2014

Global Bank Rates

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The Canadian market is heavily influenced by our own national economy but it is also influenced by international governments. Below is a table we have compiled which will be regularly updated to provide you with up to date bank (or base) rates from around the world.

Canadian Bank Rate

Current Rate: 1.00%

ca2x3 150x150 Global Bank Rates

Previous Change:
1305586351 arrow large up Global Bank Rates0.025% (08/09/10)

Last Decision:
1305585534 Box Green Global Bank RatesNo Change (31/05/11)

Next Decision:
July 19th, 2011

United States Bank Rate

Current Rate: 0.25%

us flag 150x150 Global Bank Rates
Previous Change:
1305585705 system log out Global Bank Rates1.00% (16/12/08)

Last Decision:
1305585534 Box Green Global Bank Rates
No Change (02/11/11)

Next Decision:
Dec. 13th, 2011

 

EURO Bank Rate

Current Rate: 1.50%

European Union flag 150x150 Global Bank Rates
Previous Change:
1305585705 system log out Global Bank Rates 0.25% (03/11/11
)

Last Decision:
1305585705 system log out Global Bank Rates0.25% (03/11/11)

Next Decision:
Dec. 8th, 2011

 

United Kingdom Base Rate

Current Rate: 0.50%

UK Flag England United Kingdom 150x150 Global Bank Rates
Previous Change:
1305585705 system log out Global Bank Rates0.50% (05/03/09
)

Last Decision:
1305585534 Box Green Global Bank Rates
No Change (06/10/11)

Next Decision:
Nov. 10th, 2011

 

Japanese Base Rate

Current Rate: 0.10%

Japan Flag 150x150 Global Bank Rates
Previous Change:
1305585705 system log out Global Bank Rates0.20% (19/12/08
)

Last Decision:
1305585534 Box Green Global Bank Rates
No Change (27/10/11)

Next Decision:
Nov. 16th, 2011

 

Australia Base Rate

Current Rate: 4.75%

Australia Flag 150x150 Global Bank Rates
Previous Change:
1305585705 system log out Global Bank Rates0.25% (01/11/11
)

Last Decision:
1305585705 system log out Global Bank Rates
0.25% (01/11/11)

Next Decision:
Dec. 6th, 2011

 

What is the Bank of Canada?

The Bank of Canada is not a financial institution that has retail operations like a traditional bank. It is the financial arm of Canada, it regulates Canada’s Monetary policy, currency, and financial systems. The Bank of Canada helps deal with inflation, mortgage rates (indirectly) and several other key components to our economic engine.

Disclaimer: BankNerd.ca and any affiliates of BankNerd.ca do not take responsiblity for the accuracy of the table above. Please contact us if there are any discrepancies.