Interest Rate in Cambodia
Cambodia - Interest RateThe economy has likely grown strongly in 2019, albeit slower than 2018’s over-decade high. A booming construction sector—fueled by an influx of Chinese capital—has supported momentum. Moreover, tourist arrivals reportedly rose 10% in annual terms in the year to September, which should have aided the service sector. In addition, total lending was up over a quarter in January–July, stoking domestic demand. However, such rapid lending growth also poses a risk to financial stability, as the IMF warned in an October staff visit. Moreover, there is elevated uncertainty over the future of preferential trade access to the EU: In November, the EU finished its preliminary report, stating a potential withdrawal of preferential access is scheduled for February.
Cambodia - Interest Rate Data
|Policy Interest Rate (%)||1.34||1.42||1.42||1.44||1.53|
5 years of economic forecasts for more than 30 economic indicators.
Cambodia Interest Rate Chart
|Exchange Rate||4,028||0.05 %||Jan 01|
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