Malaysia deposit interest rate

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Malaysia deposit interest rate closed up 2.63 as of December 31, 2023 from 1.95 from the previous day, 3.1 last week and 3.07 last month.

Malaysia deposit interest rate Analytics & Data





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Malaysia deposit interest rate Historical Data

DateClose
2023-12-31 2.63
2022-12-31 1.95
2021-12-31 1.562
2020-12-31 1.955
2019-12-31 2.98
2018-12-31 3.1
2017-12-31 2.9
2016-12-31 3
2015-12-31 3.1
2014-12-31 3.05
2013-12-31 2.97
2012-12-31 2.98
2011-12-31 2.91
2010-12-31 2.5
2009-12-31 2.08
2008-12-31 3.13
2007-12-31 3.17
2006-12-31 3.15
2005-12-31 3
2004-12-31 3
2003-12-31 3.07
2002-12-31 3.21
2001-12-31 3.37
2000-12-31 3.36
1999-12-31 4.12
1998-12-31 8.51
1997-12-31 7.78
1996-12-31 7.09
1995-12-31 5.93
1994-12-31 4.89
1993-12-31 7.03
1992-12-31 7.93
1991-12-31 7.11
1990-12-31 5.72
1989-12-31 4.56
1988-12-31 3.29
1987-12-31 3
1986-12-31 7.08
1985-12-31 8.81
1984-12-31 9.5
1983-12-31 8.02
1982-12-31 9.75
1981-12-31 9.68
1980-12-31 6.23

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Malaysia deposit interest rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
Malaysia deposit interest ratemy.depositrate0000

Malaysia deposit interest rate Factors

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Malaysia deposit interest rate Historical Data

The MacroVar database offers free access to historical data for the Malaysia deposit 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 Malaysia deposit interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Malaysia deposit interest rate

In Malaysia, the deposit interest rate refers to the percentage of interest that is earned on funds deposited in a bank or financial institution. This rate is set by the central bank and can vary depending on economic conditions and monetary policy. A higher interest rate means that depositors will earn more money on their savings, while a lower rate will result in lower returns. The deposit interest rate is an important factor for individuals and businesses when choosing where to store their money, as it can impact their overall financial stability and growth. Additionally, the deposit interest rate plays a role in influencing consumer spending and investment decisions in the economy.

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