Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Russia
IR3TIB01RUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.70
Year-over-Year Change
107.71%
Date Range
1/1/1997 - 2/1/2022
Summary
This economic trend measures short-term interbank interest rates in Russia, a key indicator of financial market conditions and monetary policy stance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 3-Month or 90-Day Interbank Rates and Yields for Russia track the average interest rate at which banks lend to one another for 3-month terms. This data series is used by economists and policymakers to assess the overall level of liquidity and credit conditions in the Russian financial system.
Methodology
The data is collected through surveys of major banks operating in the Russian interbank market.
Historical Context
These interest rate trends are closely monitored by the Central Bank of Russia and influence its monetary policy decisions.
Key Facts
- Rates are surveyed from major Russian banks.
- Data series started in January 1999.
- Rates averaged 8.44% in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average 3-month interbank interest rate in Russia, which reflects the overall level of short-term credit and liquidity in the Russian financial system.
Q: Why is this trend relevant for users or analysts?
A: The 3-month interbank rate is a key indicator used by economists, policymakers, and market participants to assess monetary and financial conditions in Russia.
Q: How is this data collected or calculated?
A: The data is collected through surveys of major banks operating in the Russian interbank market.
Q: How is this trend used in economic policy?
A: The Central Bank of Russia closely monitors this interbank rate trend as it informs their monetary policy decisions and actions.
Q: Are there update delays or limitations?
A: The data is published with a short lag and may be subject to revisions by the data source.
Related Trends
Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Russian Federation
RUSFCACLNUM
General government net lending/borrowing for Russia
GGNLBARUA188N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Russia
RUSCPGRHO02GYM
Gross Domestic Product for Russian Federation
MKTGDPRUA646NWDB
Use of Financial Services, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Russian Federation
RUSFCLOFINPXDC
Exchange Rate Adjusted Changes of Domestic Debt Securities for Issuers in Financial Corporations, Residence of Issuer in Russia
DSAMRIFCERRU
Citation
U.S. Federal Reserve, Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Russia (IR3TIB01RUM156N), retrieved from FRED.