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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 Interest Rate At Record High
The Bank of Russia retained its interest rate at a record high as inflationary pressures remained high. The board of directors, governed by Elvira Nabiullina, left the key interest rate unchanged at a record 21.00 percent. The central bank has raised the key interest rate by 1,350 basis points since July 2023.
RTTNews | 9 days ago
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 | 44 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 | 100 days ago
