A country’s central bank rate𓆉 (discount rate) is the rate at which commercial banks can borrow money from the central bank, in turn affecting borrowing costs across the country. The interest rate is the most important conventional monetary policy tool at the disposal of the central bank.

The central bank interest rates affect the Foreign exchange, Bonds and Equity markets and are closely followed by investors. We have summarized a global overview of the central bank interest rates, with the option to dive in and explore the interest rate history of each country across the world.