Russia Interest Rate Decision

RUB
Actual
7.50%
Forecast
7.50%
Previous
8.00%
Latest Release
Sep 16, 2022
Importance
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Sep 16, 2022 (Sep) 12:30 7.50% 7.50%
8.00%
Jul 22, 2022 (Jul) 12:30 8.00% 9.00%
9.50%
Jun 10, 2022 (Jun) 12:30 9.50% 10.00%
11.00%
May 26, 2022 (Apr) 09:30 11.00% 20.00%
14.00%
Apr 29, 2022 (Apr) 12:30 14.00% 15.00%
17.00%
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