Russia Interest Rate
Aug 2026 · Monthly
Russia's policy rate held at 14% in August 2026, unchanged from July. The rate has declined from 18% a year earlier and from 18% in August 2025, marking a 4-percentage-point reduction over 12 months. The current level is 196 percentage points below the all-time high of 210% set in March 1994 and 9.75 points above the record low of 4.25% from February 2021, according to the Bank for International Settlements.
source: Bank for International Settlements
Russia's policy rate remained unchanged at 14% in August 2026, the same as the previous month. The rate is well below the all-time high of 210% recorded in March 1994, and above the record low of 4.25% from February 2021. The series dates back to January 1992.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 14.0% | 14.0% | 210.0%Mar 1994 | 4.3%Feb 2021 | 1992 – 2026 | Monthly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Exchange Rate | 77.80 per USD | 73.52 per USD | 103.68 per USD | 0.14 per USD | Jul 2026 | Monthly |
| Inflation Rate | 6.0% | 5.3% | 1065.6% | 2.2% | Jun 2026 | Monthly |
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About this series
Interest Rate in Russia averaged 33.2% from 1992 until 2026, reaching an all-time high of 210.0% in Mar 1994 and a record low of 4.3% in Feb 2021. The series is reported monthly with history from 1992.
The policy or benchmark interest rate is the rate at which the central bank lends to commercial banks or sets as a target for monetary policy in Russia. It is expressed as an annual percentage and reported monthly. The series spans from January 1992 to the present.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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