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Monetary Policy Rate, interest rate central bank of Chile

Charts - historic MPR interest rates

Graph Banco Central interest rate - interest rates last year

Graph Banco Central interest rate - long-term graph

The current Banco Central interest rate (base rate) is 2.000 %

Banco Central de Chile

The central bank of Chile is called Banco Central de Chile. The monetary policy of the central bank of Chile aims to maintain the value of the Chilean currency, which is reflected in a low and stable inflation. For an overview of current inflation in Chile, click here. To achieve this objective the Chilean central bank is:
  • issuing banknotes and coins;
  • regulating the financial system;
  • regulating the amount of money and credit.
The Monetary Policy Rate provides an important tool to the Chilean central bank.

Monetary Policy Rate

When reference is made to the Chilean interest rate this often refers to the Monetary Policy Rate (MPR). The monetary policy rate is a base rate which provides the aim for the interbank transactions interest rate. Changing the monetary policy rate the central bank of Chile is steering the level of interbank interest rates. This has a direct impact on commercial interest rates on products like loans, mortgages and savings accounts.

This page shows the current and historic values of the Monetary Policy Rate (MPR) of the Banco Central de Chile.

For a summary of the current interest rates of a large number of central banks please click here.

Tables - current and historic interest rates of the central bank of Chile

Banco Central interest rate changes

 change date percentage
 september 03 2019 2.000 %
 june 07 2019 2.500 %
 january 30 2019 3.000 %
 october 18 2018 2.750 %
 may 18 2017 2.500 %
 april 13 2017 2.750 %
 march 16 2017 3.000 %
 january 19 2017 3.250 %
 december 17 2015 3.500 %
 october 15 2015 3.250 %

Summary of other central banks’ interest rates

 central bank interest rate region percentage date
 FED interest rate United States 2.000 % 09-18-2019
 RBA interest rate Australia 0.750 % 10-01-2019
 BACEN interest rate Brazil 5.500 % 09-18-2019
 BoE interest rate Great Britain 0.750 % 08-02-2018
 BOC interest rate Canada 1.750 % 10-24-2018
 PBC interest rate China 4.200 % 09-20-2019
 ECB interest rate Europe 0.000 % 03-10-2016
 BoJ interest rate Japan -0.100 % 02-01-2016
 CBR interest rate Russia 7.000 % 09-06-2019
 SARB interest rate South Africa 6.500 % 07-18-2019

In order to be able to show the data on this page, we make use of a large number of sources of information that we believe to be reliable. For more information and our disclaimer, click here.

American interest rate (Fed)2.00 %09-18-2019
Australian interest rate (RBA)0.75 %10-01-2019
British interest rate (BoE)0.75 %08-02-2018
Canadian interest rate (BOC)1.75 %10-24-2018
European interest rate (ECB)-03-10-2016
Japanese interest rate (BoJ)-0.10 %02-01-2016
All central banks interest rates, click here
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