Albania interest rate

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Albania interest rate closed down 3 as of July 3, 2024 from 3.25 from the previous day, 3.25 last week and 2.75 last month.

Albania interest rate Analytics & Data




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Albania interest rate Historical Data

DateClose
2024-07-03 3
2024-05-08 3.25
2024-04-30 3.25
2024-03-20 3.25
2024-02-08 3.25
2024-01-31 3.25
2023-12-20 3.25
2023-11-01 3.25
2023-10-04 3
2023-08-02 3
2023-08-02 3
2023-07-05 3
2023-06-30 3
2023-05-03 3
2023-05-03 3
2023-05-03 3
2023-05-03 3
2023-04-30 3
2023-03-23 3
2023-02-02 2.75
2023-01-31 2.75
2022-12-21 2.75
2022-11-02 2.75
2022-10-05 2.25
2022-09-30 1.75
2022-08-03 1.75
2022-07-06 1.25
2022-06-30 1
2022-05-31 1
2022-04-30 1
2022-03-24 1

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Albania interest rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
Albania interest rateal.interestrate0000

Albania interest rate Factors

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Albania interest rate Historical Data

The MacroVar database offers free access to historical data for the Albania interest rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Albania interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Albania interest rate

The interest rate in Albania refers to the percentage at which financial institutions lend money to borrowers or pay on deposits. The Central Bank of Albania sets the benchmark interest rate, which influences the overall cost of borrowing and saving in the country. A higher interest rate typically indicates tighter monetary policy, aimed at controlling inflation, while a lower interest rate can stimulate economic growth by encouraging borrowing and spending. The interest rate in Albania is an important factor in shaping the country's economic environment and influencing consumer behavior and investment decisions.