Saint Vincent and the Grenadines is one of the countries in Latin America and the Caribbean whose monetary policy rates have remained steady since 2010. Between 2010 and 2017, the monetary policy rate was set at 6.5 percent in this Caribbean nation. 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.
Monetary policy rate in Saint Vincent and the Grenadines from 2010 to 2017
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Economic Commission for Latin America and the Caribbean. (December 24, 2018). Monetary policy rate in Saint Vincent and the Grenadines from 2010 to 2017 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1061284/saint-vincent-grenadines-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. "Monetary policy rate in Saint Vincent and the Grenadines from 2010 to 2017." Chart. December 24, 2018. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1061284/saint-vincent-grenadines-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. (2018). Monetary policy rate in Saint Vincent and the Grenadines from 2010 to 2017. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1061284/saint-vincent-grenadines-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. "Monetary Policy Rate in Saint Vincent and The Grenadines from 2010 to 2017." Statista, Statista Inc., 24 Dec 2018, https://www.statista.com/statistics/1061284/saint-vincent-grenadines-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean, Monetary policy rate in Saint Vincent and the Grenadines from 2010 to 2017 Statista, https://www.statista.com/statistics/1061284/saint-vincent-grenadines-monetary-policy-rate/ (last visited November 05, 2024)
Monetary policy rate in Saint Vincent and the Grenadines from 2010 to 2017 [Graph], Economic Commission for Latin America and the Caribbean, December 24, 2018. [Online]. Available: https://www.statista.com/statistics/1061284/saint-vincent-grenadines-monetary-policy-rate/