Russia Interest Rate
The benchmark interest rate in Russia was last recorded at 5.50 percent. Interest Rate in Russia averaged 7.28 percent from 2003 until 2020, reaching an all time high of 17 percent in December of 2014 and a record low of 5 percent in June of 2010. In Russia, interest rate decisions are taken by the Central Bank of the Russian Federation. From September 16th of 2013, the official interest rate is the one-week auction repo rate. Until September 15th of 2013, the official interest rate was the refinancing rate, which was seen as a ceiling for borrowing money and a benchmark for calculating tax payments. This page provides the latest reported value for - Russia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.