Historical Year Data · 2003

China 3M Interbank in 2003

China 3M Interbank opened 2003 at 2.39% and closed at 2.94%, a +23.01% move for the year. The high of 3.68% was reached on September 1, and the low of 2.16% on May 1.

Open

2.39%

2003-01

2.94%

12 data points

High

3.68%

Sep 1

Low

2.16%

May 1

Full Year Change

+23.01%

2002 Change

+3.97%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2.39%	2.39%	2.39%	2.39%	+0.00%
Feb	2.31%	2.31%	2.31%	2.31%	+0.00%
Mar	2.24%	2.24%	2.24%	2.24%	+0.00%
Apr	2.17%	2.17%	2.17%	2.17%	+0.00%
May	2.16%	2.16%	2.16%	2.16%	+0.00%
Jun	2.28%	2.28%	2.28%	2.28%	+0.00%
Jul	2.34%	2.34%	2.34%	2.34%	+0.00%
Aug	2.36%	2.36%	2.36%	2.36%	+0.00%
Sep	3.68%	3.68%	3.68%	3.68%	+0.00%
Oct	3.45%	3.45%	3.45%	3.45%	+0.00%
Nov	3.10%	3.10%	3.10%	3.10%	+0.00%
Dec	2.94%	2.94%	2.94%	2.94%	+0.00%

Events During 2003

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

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