In Trinidad and Tobago, according to the Central Bank of Trinidad and Tobago , the interest rate of 2016, till date is 4.75%. The interest rate of Trinidad and Tobago 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 Trinidad and Tobago, interest rate is reported by the Central Bank of Trinidad and Tobago every year. Members of the Central Bank of Trinidad and Tobago 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 Trinidad and Tobago is 4.75%
Interest Rate of Trinidad and Tobago 2016 – Monthly Chart
Following is a complete chart of Trinidad and Tobago 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 Central Bank of Trinidad and Tobago. As you can see in this chart, the current interest rate of Trinidad and Tobago is 4.75%.
source: tradingeconomics.com