Interbank Rate in Russia remained unchanged at 16.20 percent in September. Interbank Rate in Russia averaged 9.92 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 14.95 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 Sep 2026
Central Bank Balance Sheet 77080203.00 70042189.00 RUB Million Aug 2026
Deposit Interest Rate 13.08 13.05 percent Aug 2026
Foreign Exchange Reserves 731760.00 769022.00 USD Million Sep 2026
Interbank Rate 16.20 16.20 percent Sep 2026
Interest Rate 14.00 14.00 percent Oct 2026
Loans to Private Sector 87017000.00 85154000.00 RUB Million Jul 2026
Money Supply M0 20745.00 20366.00 RUB Billion Aug 2026
Money Supply M1 62647.00 61397.00 RUB Billion Aug 2026
M2 Money Supply YoY 137073.50 135683.40 RUB Billion Aug 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