Deposit Interest Rate in Russia increased to 3.87 percent in August from 3.64 percent in July of 2021. source: Central Bank of Russia

Deposit Interest Rate in Russia averaged 8.09 percent from 1995 until 2021, reaching an all time high of 101.96 percent in December of 1995 and a record low of 3.21 percent in February of 2021. 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 October of 2021.

Deposit Interest Rate in Russia is expected to be 4.12 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Russia is projected to trend around 3.37 percent in 2022 and 2.87 percent in 2023, according to our econometric models.

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Deposit Interest Rate in Russia

Russia Last Unit Reference Previous Highest Lowest
Interest Rate 7.50 percent Oct/21 6.75 17.00 4.25
Interbank Rate 7.07 percent Oct/21 7.07 227.70 1.40
Money Supply M1 33760.28 RUB Billion Aug/21 33519.19 33760.28 106.31
Money Supply M0 12969.40 RUB Billion Aug/21 12938.70 12969.40 0.10
Money Supply M2 59816.90 RUB Billion Aug/21 59379.70 59816.90 1090.10
Foreign Exchange Reserves 614122.00 USD Million Sep/21 618181.00 618181.00 4532.00
Central Bank Balance Sheet 52232558.00 RUB Million Aug/21 50629321.00 52670235.00 311490.00
Loans to Private Sector 37386584.00 RUB Million Jul/21 36781498.00 37386584.00 4601204.00
Deposit Interest Rate 3.87 percent Aug/21 3.64 101.96 3.21
Cash Reserve Ratio 8.00 percent Jul/21 8.00 10.00 0.50

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