St. Vincent & the Grenadines: base interest rate 2010-2017
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.
Saint Vincent and the Grenadines is one of the countries in