Interbank Rate in Russia remained unchanged at 16.20 percent in August. Interbank Rate in Russia averaged 9.90 percent from 2000 until 2026, reaching an all time high of 27.48 percent in January of 2009 and a record low of 3.49 percent in June of 2006. source: Central Bank of Russia

Interbank Rate in Russia is expected to be 16.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia 3-Month Interbank Rate is projected to trend around 13.95 percent in 2027 and 12.20 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Cash Reserve Ratio 8.50 8.50 percent Aug 2026
Central Bank Balance Sheet 68770811.00 67610324.00 RUB Million Jun 2026
Deposit Interest Rate 13.05 13.19 percent Jul 2026
Foreign Exchange Reserves 769022.00 720348.00 USD Million Aug 2026
Interbank Rate 16.20 16.20 percent Aug 2026
Interest Rate 14.00 14.00 percent Sep 2026
Loans to Private Sector 84271000.00 83640000.00 RUB Million May 2026
Money Supply M0 20366.00 19794.00 RUB Billion Jul 2026
Money Supply M1 61391.00 61313.00 RUB Billion Jul 2026
M2 Money Supply YoY 135683.40 134487.20 RUB Billion Jul 2026


Russia 3-Month Interbank Rate
In Russia, the MIACR (Moscow Interbank Actual Credit Rate) represents the weighted average interest rate on actual interbank loans transacted among a broad group of Moscow-based banks. The benchmark encompasses a wide spectrum of institutions, including banks with lower credit ratings, providing a comprehensive measure of short-term interbank funding costs.
Actual Previous Highest Lowest Dates Unit Frequency
16.20 16.20 27.48 3.49 2000 - 2026 percent Monthly