In Guyana, according to the Bank of Guyana , the interest rate of 2016, till date is 5%. The interest rate of Guyana is said to be the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding. In Guyana, interest rate is reported by the Bank of Guyana every year. Members of the Bank of Guyana decide the interest rate of every month based of voting. Once the rate is decided, the bank or other lender charges to borrow its money according to it.
Current Interest Rate of Guyana is 5%
Interest Rate of Guyana 2016 – Monthly Chart
Following is a complete chart of Guyana interest rates for every month of the year 2016 till date. This chart shows the interest rates of every month of 2016 reported by the Bank of Guyana. As you can see in this chart, the current interest rate of Guyana is 5%.