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Russia Interest Rate Decision
Latest Release
Jul 23, 2021
Actual6.50%
Forecast6.50%
Previous5.50%
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.
A higher than expected rate is positive/bullish for the RUB, while a lower than expected rate is negative/bearish for the RUB.
| 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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