The benchmark interest rate in Russia was last recorded at 20 percent. This dataset 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.

Key information about Russia Long Term Interest Rate

• Russia Long Term Interest Rate: Month End: GKO-OFZ Government Bond Zero Coupon Yield: 10 Years was reported at 15.52 % pa in Feb 2025, compared with 16.53 % pa in the previous month.
• Russia Long Term Interest Rate data is updated monthly, available from Jan 2003 to Feb 2025.
• The data reached an all-time high of 16.89 % pa in Oct 2024 and a record low of 5.70 % pa in May 2020.
• Long Term Interest Rate is reported by reported by Bank of Russia.

• In the latest reports, Russia Short Term Interest Rate: MIACR: 1 to 3 Months was reported at 9.71 % pa in Jul 2023.
• The cash rate (Policy Rate: Month End: Key Rate) was set at 21.00 % pa in Feb 2025.
• Russia Exchange Rate against USD averaged 83.16 (USD/RUB) in Jun 2023.

Deposit Interest Rate in Russia increased to 19.39 percent in May from 19.32 percent in April of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in Russia.

Russia USD/RUB Swap: Overnight: RUB Interest Rate data was reported at 10.500 % pa in 25 Feb 2022. This stayed constant from the previous number of 10.500 % pa for 24 Feb 2022. Russia USD/RUB Swap: Overnight: RUB Interest Rate data is updated daily, averaging 8.500 % pa from Sep 2002 (Median) to 25 Feb 2022, with 4597 observations. The data reached an all-time high of 18.000 % pa in 30 Jan 2015 and a record low of 5.250 % pa in 19 Mar 2021. Russia USD/RUB Swap: Overnight: RUB Interest Rate data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under High Frequency Database’s Swap Rates – Table RU.ME002: ForEx Swap Transactions: Bank of Russia: Terms.

Interbank Rate in Russia remained unchanged at 21.04 percent on Friday July 11. This dataset provides - Russia Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Russia Interest Rates on RUB Bank Loans: Attracting by Enterprises Next 3 Months data was reported at 10.000 % pa in Dec 2018. This records a decrease from the previous number of 11.000 % pa for Nov 2018. Russia Interest Rates on RUB Bank Loans: Attracting by Enterprises Next 3 Months data is updated monthly, averaging 14.000 % pa from Jan 1994 (Median) to Dec 2018, with 300 observations. The data reached an all-time high of 222.000 % pa in Mar 1994 and a record low of 8.000 % pa in Sep 2018. Russia Interest Rates on RUB Bank Loans: Attracting by Enterprises Next 3 Months data remains active status in CEIC and is reported by Institute of World Economy and International Relations. The data is categorized under Russia Premium Database’s Business and Economic Survey – Table RU.SB003: Russian Economic Barometer: Enterprises Indicators.

In May 2025, the inflation rate in Russia stood at **** percent compared to the same month in the previous year, showing an increase. The rate has been decreasing since March 2025. The highest rate during the observed period was recorded in April 2022, at **** percent. The term inflation means the devaluation of money caused by a permanent increase in the price level for products (consumer goods, investment goods). The Consumer Price Index (CPI) shows the price development for private expenses and shows the current level of inflation when increasing. Russia's economy, an outlook The Russian economy was expected to grow by *** percent in 2025 despite the Western sanctions over the war in Ukraine that began in February 2022. At the same time, consumer prices were projected to grow by around **** percent in 2025 relative to the previous year. In 2024, the inflation rate was estimated at **** percent. Prices in Russia Russia’s economy is highly dependent on and affected by the price of oil. The price of the Urals crude oil stood at approximately ***** U.S. dollars per barrel in April 2025, having demonstrated a decrease from the previous month. The highest producer price index (PPI) was recorded in the electricity and gas supply sector, with a price growth rate of over ** percent in September 2024.

Russia Turnover: Derivatives Market: Interest Rate Derivatives data was reported at 0.800 RUB bn in Nov 2017. This records a decrease from the previous number of 0.900 RUB bn for Oct 2017. Russia Turnover: Derivatives Market: Interest Rate Derivatives data is updated monthly, averaging 2.800 RUB bn from Jan 2009 (Median) to Nov 2017, with 107 observations. The data reached an all-time high of 41.000 RUB bn in Jun 2013 and a record low of 0.000 RUB bn in Feb 2010. Russia Turnover: Derivatives Market: Interest Rate Derivatives data remains active status in CEIC and is reported by Moscow Exchange. The data is categorized under Global Database’s Russian Federation – Table RU.ZA007: Moscow Exchange: All Markets: Turnover.

Inflation Rate in Russia decreased to 9.40 percent in June from 9.90 percent in May of 2025. This dataset provides - Russia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Russia Short Term Interest Rate

• Russia Short Term Interest Rate: MIACR: 1 to 3 Months was reported at 9.71 % pa in Jul 2023, compared with 9.37 % pa in the previous month.
• Russia Short Term Interest Rate data is updated monthly, available from Aug 2000 to Jul 2023.
• The data reached an all-time high of 28.73 % pa in Jan 2009 and a record low of 2.78 % pa in Apr 2005.
• Short Term Interest Rate is reported by reported by Bank of Russia.

• In the latest reports, Russia Long Term Interest Rate: Month End: GKO-OFZ Government Bond Zero Coupon Yield: 10 Years was reported at 11.17 % pa in Jul 2023.
• The cash rate (Policy Rate: Month End: Key Rate) was set at 8.50 % pa in Jul 2023.
• Russia Exchange Rate against USD averaged 83.16 (USD/RUB) in Jun 2023.

The statistic shows the inflation rate in Russia from 1997 to 2024, with projections until 2030. The inflation rate is calculated using the price increase in a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g., gas, oil), as well as federal fees and taxes. In 2022, the average inflation rate in Russia was at about 13.75 percent compared to the previous year. Russia's economic uplift Based on economic power and economic standards, Russia is recognized as one of the biggest economic powers in the world. With a population of around 143 million people and a re-awakened population growth since 2010, Russia has tried to establish itself as one of the world’s largest economies and wealthiest nations and succeeded, being the sixth-largest economy in the world today. The gross domestic product (GDP) increase in Russia from 2009 to 2014 is also a good indicator of Russia’s economic growth and strength. After the 1998 Russian financial crisis, several reforms were introduced to the Russian economy which allowed it to recover. Not only did the Russian economy experience a great boost, but the quality of life in Russia as well as the people’s satisfaction with the direction of the country has also improved. In comparison to the previous year - with the exception of 2009 -, the Russian real gross domestic product growth rate has increased over the past decade. The trade balance of goods has been experiencing a rapid increase since the beginning of the millennium, with the exceptions of 2007 and 2009 due to the global economic crisis. This allowed Russia to export more goods than it imported. This high trade balance of goods resulted in a low inflation rate in 2012, the lowest recorded inflation rate since 2004.

Key information about Russia Policy Rate

• Russia cash rate (Policy Rate: Month End: Key Rate) was set at 21.00 % pa in Feb 2025, compared with 21.00 % pa in the previous Jan 2025.
• Russia Policy Rate averaged 8.00 % pa and is updated monthly, available from Sep 2013 to Feb 2025.
• The data reached an all-time high of 21.00 % pa in Feb 2025 and a record low of 4.25 % pa in Feb 2021.

• In the latest reports, Russia Short Term Interest Rate: MIACR: 1 to 3 Months was reported at 9.71 % pa in Jul 2023.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: GKO-OFZ Government Bond Zero Coupon Yield: 10 Years) was reported at 15.52 % pa in Feb 2025.
• Russia Exchange Rate against USD averaged 83.16 (USD/RUB) in Jun 2023.
• Its Real Effective Exchange Rate was 95.68 in Jan 2025.

Foreign Exchange Rate: Bank of Russia: Avg from Year Beginning: US Dollar data was reported at 67.350 RUB/USD in Jan 2019. This records an increase from the previous number of 62.540 RUB/USD for Dec 2018. Foreign Exchange Rate: Bank of Russia: Avg from Year Beginning: US Dollar data is updated monthly, averaging 31.460 RUB/USD from Jan 2006 (Median) to Jan 2019, with 157 observations. The data reached an all-time high of 76.730 RUB/USD in Feb 2016 and a record low of 23.860 RUB/USD in Jul 2008. Foreign Exchange Rate: Bank of Russia: Avg from Year Beginning: US Dollar data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.ME001: Foreign Exchange Rate: Bank of Russia: Main Currencies.

Russia RUONIA Rate: Ruble Overnight Index Average data was reported at 20.670 % pa in 13 May 2025. This stayed constant from the previous number of 20.670 % pa for 12 May 2025. Russia RUONIA Rate: Ruble Overnight Index Average data is updated daily, averaging 7.350 % pa from Jan 2010 (Median) to 13 May 2025, with 3772 observations. The data reached an all-time high of 28.650 % pa in 18 Dec 2014 and a record low of 0.420 % pa in 31 Dec 2010. Russia RUONIA Rate: Ruble Overnight Index Average data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Global Database’s Russian Federation – Table RU.MC001: Interbank Rate.

The yield on Russia 10Y Bond Yield rose to 14.71% on July 11, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.27 points and is 0.81 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Russia 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on July of 2025.

Key information about Russia Exchange Rate against USD

• Russia Exchange Rate against USD averaged 83.161 (USD/RUB) in Jun 2023, compared with 78.937 USD/RUB in the previous month.
• Russia Exchange Rate against USD data is updated monthly, available from Jun 1992 to Jun 2023.
• The data reached an all-time high of 103.681 in Mar 2022 and a record low of 0.138 in Jun 1992.

• In the latest reports, Russia Short Term Interest Rate: MIACR: 1 to 3 Months was reported at 9.370 % pa in Aug 2022.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: GKO-OFZ Government Bond Zero Coupon Yield: 10 Years) was reported at 11.090 % pa in Jun 2023.
• The cash rate (Policy Rate: Month End: Key Rate) was set at 7.500 % pa in Jun 2023.

Russia Turnover: Derivatives Market: Futures: Interest Rate data was reported at 0.177 RUB bn in Jan 2019. This records a decrease from the previous number of 0.460 RUB bn for Dec 2018. Russia Turnover: Derivatives Market: Futures: Interest Rate data is updated monthly, averaging 2.223 RUB bn from Jan 2009 (Median) to Jan 2019, with 121 observations. The data reached an all-time high of 40.981 RUB bn in Jun 2013 and a record low of 0.000 RUB bn in Mar 2009. Russia Turnover: Derivatives Market: Futures: Interest Rate data remains active status in CEIC and is reported by Moscow Exchange. The data is categorized under Russia Premium Database’s Financial Market – Table RU.ZA008: Moscow Exchange: All Markets: Turnover Detailed.

Russia USD/RUB Swap: Overnight: USD Interest Rate data was reported at 0.050 % pa in 25 Feb 2022. This stayed constant from the previous number of 0.050 % pa for 24 Feb 2022. Russia USD/RUB Swap: Overnight: USD Interest Rate data is updated daily, averaging 0.250 % pa from Jun 2004 (Median) to 25 Feb 2022, with 4204 observations. The data reached an all-time high of 5.250 % pa in 18 Sep 2007 and a record low of 0.000 % pa in 22 Dec 2016. Russia USD/RUB Swap: Overnight: USD Interest Rate data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under High Frequency Database’s Swap Rates – Table RU.ME002: ForEx Swap Transactions: Bank of Russia: Terms.

Brazil Foreign Exchange Rate: BCB: Offer: against Russian Ruble data was reported at 0.061 BRL/RUB in Jun 2019. This records an increase from the previous number of 0.060 BRL/RUB for May 2019. Brazil Foreign Exchange Rate: BCB: Offer: against Russian Ruble data is updated monthly, averaging 0.064 BRL/RUB from Jul 1994 (Median) to Jun 2019, with 300 observations. The data reached an all-time high of 1.651 BRL/RUB in Jul 1994 and a record low of 0.000 BRL/RUB in Apr 1995. Brazil Foreign Exchange Rate: BCB: Offer: against Russian Ruble data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Interest and Foreign Exchange Rates – Table BR.MG002: Foreign Exchange Rate: Central Bank of Brazil.

India Foreign Exchange Rate: Monthly Average: Rouble data was reported at 1.118 INR/RUB in Oct 2018. This records an increase from the previous number of 1.068 INR/RUB for Sep 2018. India Foreign Exchange Rate: Monthly Average: Rouble data is updated monthly, averaging 1.590 INR/RUB from Sep 1998 (Median) to Oct 2018, with 242 observations. The data reached an all-time high of 2.558 INR/RUB in Sep 1998 and a record low of 0.883 INR/RUB in Feb 2016. India Foreign Exchange Rate: Monthly Average: Rouble data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MC003: Foreign Exchange Rate: Monthly Average.