St. Kitts and Nevis: base interest rate 2010-2017

Saint Kitts and Nevis, along with other Caribbean countries, has had unaltered monetary policy rates in recent years. Since 2010, Saint Kitts and Nevis monetary policy rate was set at 6.5 percent. Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates.