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Russian Federation Interest Rate
Last Release
Jun 10, 2022
Actual
9.5
Units In
%
Previous
11
Frequency
Daily
Next Release
Jul 22, 2022
Time to Release
22 Days 6 Hours
Highest | Lowest | Average | Date Range | Source |
20 Feb 2022 | 4.25 Jul 2020 | 7.33 % | 2003-2022 | Central Bank of Russia |
In Russia, interest rate decisions are taken by the Central Bank of the Russian Federation. From September 16th of 2013, the official interest rate is the one-week auction repo rate. Until September 15th of 2013, the official interest rate was the refinancing rate, which was seen as a ceiling for borrowing money and a benchmark for calculating tax payments.
Latest Updates
The Central Bank of Russia cut its key interest rate by 150bps to 9.5% during its June 2022 meeting, bringing borrowing costs back to levels prior to the Ukraine invasion, and compared to market forecasts of a 100bps drop. It follows a 300bps cut during an extraordinary meeting two weeks earlier and the central bank said it will consider the need of further loosening in the next meetings as inflation is slowing faster and the decline in economic activity is of a smaller magnitude than initially expected in April. At the same time, the ruble remains strong, holding close to levels not seen in seven years. Annual inflation is now seen at 14%–17% in 2022, and is expected to decline to 5%-7% in 2023 and return to 4% in 2024. The key rate is expected to average 10.8%-11.4% in 2022, 7%–9% in 2023 and 6%–7% in 2024.
Russian Federation Interest Rate History
Last 12 readings
A Look at the Markets
Russian Federation Money Indicators
All Russian Federation indicatorsIndicator | Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|---|
Cash Reserve Ratio | 2 Apr 2022 | 2 Mar 2022 | 0.5 Oct 2008 | 10 Jan 2000 | % | Monthly | 1999-2022 |
Central Bank Balance Sheet | 51,091,398 Apr 2022 | 59,688,863 Mar 2022 | 311,490 Feb 1998 | 59,688,863 Mar 2022 | RUB Million | Monthly | 1998-2022 |
Deposit Interest Rate | 14.03 Apr 2022 | 6.37 Feb 2022 | 3.21 Feb 2021 | 101.96 Dec 1995 | % | Monthly | 1995-2022 |
Foreign Exchange Reserves | 587,423 May 2022 | 593,052 Apr 2022 | 4,532 Dec 1992 | 630,627 Dec 2021 | USD Million | Monthly | 1992-2022 |
Interbank Rate | 15.31 Jun 2022 | 15.31 Jun 2022 | 1.4 May 2003 | 227.7 May 1995 | % | Daily | 1995-2022 |
Interest Rate | 9.5 Jun 2022 | 11 May 2022 | 4.25 Jul 2020 | 20 Feb 2022 | % | Daily | 2003-2022 |
Loans To Private Sector | 38,997,896 Oct 2021 | 38,292,980 Sep 2021 | 4,601,204 Dec 2006 | 38,997,896 Oct 2021 | RUB Million | Monthly | 2006-2021 |
Money Supply M0 | 13,518.4 Apr 2022 | 13,834.3 Mar 2022 | 0.1 Dec 1990 | 13,913.4 Feb 2022 | RUB Billion | Monthly | 1990-2022 |
Money Supply M1 | 34,269.4 Apr 2022 | 34,872.76 Mar 2022 | 106.31 Jun 1995 | 37,248.35 Feb 2022 | RUB Billion | Monthly | 1995-2022 |
Money Supply M2 | 68,475.3 Apr 2022 | 68,203.5 Mar 2022 | 1,090.1 Jan 2001 | 68,475.3 Apr 2022 | RUB Billion | Monthly | 2000-2022 |
Interest Rate across Europe
Interest Rate global viewCountry | Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|---|
1 May 2022 | 1 May 2022 | 0.5 Mar 2020 | 8.5 Apr 2002 | % | Daily | 2001-2022 | |
9.25 Jun 2022 | 9.25 Jun 2022 | 3 Aug 2005 | 10.5 Feb 2015 | % | Daily | 2003-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
12 May 2022 | 12 Apr 2022 | 7.75 Jun 2020 | 480 Nov 1994 | % | Daily | 1991-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
2.94 Apr 2022 | 3.08 Mar 2022 | 2.83 Nov 2020 | 80.25 Jan 1999 | % | Monthly | 1998-2022 | |
0 May 2022 | 0 Apr 2022 | 0 May 2022 | 5.77 Dec 2008 | % | Daily | 2005-2022 | |
2.5 May 2022 | 2.5 Apr 2022 | 2.5 Oct 2015 | 4,290.85 Sep 1993 | % | Daily | 1992-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
7 Jun 2022 | 5.75 May 2022 | 0.05 Nov 2012 | 39 Jun 1997 | % | Daily | 1995-2022 | |
-0.6 May 2022 | -0.6 Apr 2022 | -0.75 Feb 2015 | 15 Nov 1992 | % | Daily | 1992-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | Daily | 1998-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
11 Jun 2022 | 11 May 2022 | 3.75 Aug 2013 | 12 Apr 2008 | % | Daily | 2008-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
7.75 Jun 2022 | 5.9 May 2022 | 0.6 Jul 2020 | 28 Jan 1995 | % | Daily | 1987-2022 | |
4.75 Jun 2022 | 3.75 May 2022 | 0.75 Nov 2020 | 18 Oct 2008 | % | Daily | 1998-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
1.75 May 2022 | 1.5 Apr 2022 | 1.25 Mar 2021 | 15.21 Dec 2002 | % | Daily | 2002-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
18.5 Jun 2022 | 15.5 May 2022 | 2.65 Nov 2020 | 21 Jan 2001 | % | Daily | 2001-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
1.25 Jun 2022 | 0.75 May 2022 | 0.25 Sep 2021 | 11 Sep 1992 | % | Daily | 1991-2022 | |
6 Jun 2022 | 5.25 May 2022 | 0.1 May 2020 | 24 Feb 1998 | % | Monthly | 1998-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
3.75 May 2022 | 3 Apr 2022 | 1.25 Jan 2021 | 12.5 Apr 2005 | % | Daily | 2005-2022 | |
9.5 Jun 2022 | 11 May 2022 | 4.25 Jul 2020 | 20 Feb 2022 | % | Daily | 2003-2022 | |
2.5 Jun 2022 | 2 May 2022 | 1 Dec 2020 | 18 Sep 2006 | % | Daily | 2006-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
0 Jun 2022 | 0 May 2022 | 0 Jun 2022 | 4.75 Oct 2000 | % | N/A | 1998-2022 | |
0.25 May 2022 | 0.25 Apr 2022 | -0.5 Feb 2016 | 8.91 Jul 1995 | % | Daily | 1994-2022 | |
-0.25 Jun 2022 | -0.75 May 2022 | -0.75 Jan 2015 | 3.5 Jun 2000 | % | Daily | 2000-2022 | |
14 Jun 2022 | 14 May 2022 | 4.5 May 2013 | 500 Mar 1994 | % | Daily | 1990-2022 | |
25 Jun 2022 | 10 Apr 2022 | 6 Jun 2020 | 300 Oct 1994 | % | Daily | 1992-2022 | |
1.25 Jun 2022 | 1 May 2022 | 0.1 Mar 2020 | 17 Nov 1979 | % | Daily | 1971-2022 |