Shanghai Pudong City

Covering capital markets, investments & private wealth in Asia. Who are the next billionaires? When is the next IPO? Which are the fastest growing cities? Which company is going bankrupt?

Join 14,000+ leading financial professionals, investment managers, professional investors and CEOs. Get the latest data, information, research and many more

Asia Central Bank Rates – October 2019

Caproasia Institute | October 2019

The Asia Central Bank Rates for October 2019.

Caproasia Institute releases the Asia Central Bank rates for October 2019.  Data includes the latest central bank rates, previous rates, interest rate changes and effective date from last central bank announcement.

The Asia Central Banks:

  1. PBOC – People’s Bank of China
  2. RBI – Reserve Bank of India
  3. BOJ – Bank of Japan
  4. BOK – Bank of Korea
  5. HKMA – Hong Kong Monetary Authority
  6. CBC – Central Bank of China, Taiwan
  7. BI – Bank Indonesia
  8. BNM – Bank Negara Malaysia
  9. BOT – Bank of Thailand
  10. BSP – Bangko Sentral ng Pilipinas
  11. SBV- State Bank of Vietnam


Related Reports:


Tokyo Stock Exchange


Asia Central Bank Rates

North Asia
S/NCountryCentral BankPrevious RateNew RateChangeEffective from
1ChinaPBOC4.20%4.20%No Change21/10/19
2IndiaRBI5.40%5.15%– 0.25%4/10/19
3JapanBOJ-0.10%-0.10%No Change31/10/19
4KoreaBOK1.50%1.25%– 0.25%16/10/19
5Hong Kong SARHKMA2.25%2.00%– 0.25%31/10/19
6TaiwanCBC1.375%1.375%No Change19/09/19


Southeast Asia
S/NCountryCentral BankPrevious RateNew RateChangeEffective from
1IndonesiaBI5.25%5.00%– 0.25%24/10/19
2MalaysiaBNM3.00%3.00%No Change12/9/19
3ThailandBOT1.50%1.50%No Change25/9/19
4PhilippinesBSP4.25%4.00%– 0.25%27/9/19
5VietnamSBV4.25%4.00%– 0.25%16/9/19


Source: Caproasia Institute

October 2019 Changes

  • RBI decrease interest rate by 0.25% from 5.40% to 5.15%
  • BOK decrease interest rate by 0.25% from 1.5% to 1.25%
  • HKMA decrease interest rate by 0.25% from 2.25% to 2.00%
  • BI decrease interest rate by 0.25% from 5.25% to 5.00%
  • BSP decrease interest rate by 0.25% from 4.25% to 4.00% (Sept 2019)
  • SBV decrease interest rate by 0.25% from 4.25% to 4.00% (Sept 2019)


  • PBOC maintain interest rate at 4.20%
  • BOJ maintain interest rate at -0.10%
  • CBC maintain interest rate at 1.375% (Sept 2019)
  • BNM maintain interest rate at 3.00% (Sept 2019)
  • BOT maintain interest rate at 1.50% (Sept 2019)

Updated: 4th November 2019



The central bank of Singapore is the Monetary Authority of Singapore (MAS).  MAS does not set a central bank rate, and instead rely on using foreign exchange rate to manage the monetary policy. is the leading financial media platform covering capital markets, investments and private wealth in Asia. Driving $25 trillion of assets in Asia.

Join 14,000+ leading financial professionals and professional investors in Asia. Receive exclusive Caproasia newsletter here. Managing $20 million to $300 million? Register here: Financial Professionals
. Stay ahead of your peers & competition.

Register: Professional Investors | CEOs & Entrepreneurs

For press release, email to
For editorial, media kit, listing on TFC, events, seminars or research & data services, email to