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Russia Interest Rate Decision

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Russia Interest Rate Decision

Frequency

Delivery Method

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Status

 
Latest Release
Jul 23, 2021
Actual
6.50%
Forecast
6.50%
Previous
5.50%
The Bank Rossii decision on short term interest rate. The decision on where to set interest rates depends mostly on growth outlook and inflation. The primary objective of the central bank is to achieve price stability. High interest rates attract foreigners looking for the best "risk-free" return on their money, which can dramatically increases demand for the nation's currency.
A higher than expected rate is positive/bullish for the RUB, while a lower than expected rate is negative/bearish for the RUB.
Importance:
Country:
Currency: RUB
Source: Central Bank of Russia
Russia Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Jul 23, 2021 (Jul) 06:30 6.50% 6.50% 5.50%
Jun 11, 2021 (Jun) 06:30 5.50% 5.50% 5.00%
Apr 23, 2021 (Apr) 06:30 5.00% 4.75% 4.50%
Mar 19, 2021 (Mar) 06:30 4.50% 4.25% 4.25%
Feb 12, 2021 (Feb) 06:30 4.25% 4.25% 4.25%
Dec 18, 2020 (Dec) 06:30 4.25% 4.25% 4.25%

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Interest Rate Decision Discussion

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All Comments (2)
Ulf Ahl
Ulf Ahl Feb 03, 2017 5:45AM ET
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Only 4 of 22 analysis said that it would drop and others said unchanged.. Investing.com get your facts right.
Michael Katon
Michael Katon Jun 15, 2015 8:02AM ET
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This maybe a little bit too late. The exchange rate is more driven by geopolitical factors and oil/natural gas prices.
 
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