Russia CBR Press Conference
Interest rates are set in Russia by the Central Bank of the Russian Federation. The one-week auction repo rate is the official interest rate since September 16th, 2013. Before the refinancing rate was introduced on September 15, 2013, the official interest rate was the refinancing rate, which was regarded as a ceiling for borrowing money as well as a standard for calculating tax payments.
Forex Sentiment (RUB)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDRUB |
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0 -915413 pips |
88.6463 +28950 pips |
91.54129 |
News (RUB)
Russia Keeps Key Interest Rate Unchanged At Record High 21%
The Bank of Russia retained its interest rate at a record high for the second consecutive meeting on Friday and kept the door open for further rate hike as inflationary pressures remain high. The board of directors, governed by Elvira Nabiullina, maintained the key interest rate at a record 21.00 percent.
RTTNews | 8 days ago
Russia Central Bank Unexpectedly Holds Key Rate
Russia's central bank left its benchmark interest rate unchanged on Friday, confounding expectations for a sharp hike.
RTTNews | 64 days ago
Russia Hikes Interest Rate By 200 Bps; Signals Another Hike
Russia's central bank raised its benchmark rate by larger-than-expected 200 basis points and also hinted at another hike next month as inflation expectations increased and additional fiscal spending lifted proinflationary effects. The board of directors, led by Governor Elvira Nabiullina, raised the key rate to 21.00 percent from 19.00 percent.
RTTNews | 120 days ago
