Deposit Interest Rate in Russia decreased to 3.51 percent in July from 4 percent in June of 2020.

Deposit Interest Rate in Russia averaged 8.36 percent from 1995 until 2020, reaching an all time high of 101.96 percent in December of 1995 and a record low of 3.51 percent in July of 2020. This page includes a chart with historical data for Deposit Interest Rate in Russia. Deposit Interest Rate in Russia - values, historical data and charts - was last updated on September of 2020. source: Central Bank of Russia

Deposit Interest Rate in Russia is expected to be 3.26 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Russia to stand at 3.26 in 12 months time. In the long-term, the Deposit Interest Rate in Russia is projected to trend around 3.26 percent in 2021 and 4.26 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Russia

Actual Previous Highest Lowest Dates Unit Frequency
3.51 4.00 101.96 3.51 1995 - 2020 percent Monthly

Russia Money Last Previous Highest Lowest Unit
Interest Rate 4.25 4.25 17.00 4.25 percent [+]
Interbank Rate 4.27 4.27 227.70 1.40 percent [+]
Money Supply M0 11817.80 11516.40 11817.80 0.10 RUB Billion [+]
Money Supply M1 28088.22 27817.29 28088.22 106.31 RUB Billion [+]
Money Supply M2 54687.40 54392.60 54687.40 1090.10 RUB Billion [+]
Foreign Exchange Reserves 594422.00 591753.00 596566.00 4532.00 USD Million [+]
Central Bank Balance Sheet 45040945.00 45914845.00 50797025.00 311490.00 RUB Million [+]
Loans to Private Sector 31376045.00 31471767.00 31471767.00 4601204.00 RUB Million [+]
Deposit Interest Rate 3.51 4.00 101.96 3.51 percent [+]
Cash Reserve Ratio 8.00 8.00 10.00 0.50 percent [+]


Deposit Interest Rate in Russia
The Deposit Interest Rate in Russia refers to average deposit rate paid by commercial banks to individuals.