Central Bank Interest Rates
Here you can find information about the current interest rates of a number of central banks of 24 economically important countries.
Central Bank Interest Rates (select bank from list)
How central bank interest rates affect currency trading
Interest rates are of great significance when determining currency prices. The central banks, whose decisions directly affect the flow of investments into a country, are the most important players as they set current interest rates.
A currency is representative of a country’s economy, so differences in interest rates will influence the relative worth of currencies to one another.
Changes in central banks’ interest rates usually cause fluctuations on the currency market.
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