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Russia Interest Rate Decision

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Russia Interest Rate Decision

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Delivery Method

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Status

 
Latest Release
Sep 06, 2019
Actual
7.00%
Forecast
7.00%
Previous
7.25%
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.
Importance:
Country:
Currency: RUB
Source: Central Bank of Russia
Russia Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Sep 06, 2019 (Sep) 06:30 7.00% 7.00% 7.25%
Jul 26, 2019 (Jul) 06:30 7.25% 7.25% 7.50%
Jun 14, 2019 (Jun) 06:30 7.50% 7.50% 7.75%
Apr 26, 2019 (Apr) 06:30 7.75% 7.75% 7.75%
Mar 22, 2019 (Mar) 06:30 7.75% 7.75% 7.75%
Feb 08, 2019 (Feb) 06:30 7.75% 7.75% 7.75%

News

Forex - Dollar Drifts Ahead of GDP Report; Lira, Peso Slide
Forex - Dollar Drifts Ahead of GDP Report; Lira, Peso Slide By Investing.com - Apr 26, 2019

Investing.com -- The dollar was consolidating near its highs for 2019 in early trading on Friday, showing little sign of weakening after a week of data and central bank actions that have underlined...

Forex - U.S. Dollar Falls to 2-1/2 Week Low
Forex - U.S. Dollar Falls to 2-1/2 Week Low By Investing.com - Mar 18, 2019 2

Investing.com - The greenback fell to a two-and-a-half week low on Monday as investors pulled back ahead of the Federal Reserve’s meeting later in the week. The Fed is expected to keep rates...

Analysis

Interest Rate Decision Discussion

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All Comments (2)
Ulf Ahl
Ulf Ahl Feb 03, 2017 5:45AM ET
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Only 4 of 22 analysis said that it would drop and others said unchanged..Investing.com get your facts right.
Michael Katon
Michael Katon Jun 15, 2015 8:02AM ET
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This maybe a little bit too late. The exchange rate is more driven by geopolitical factors and oil/natural gas prices.
 
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