Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Russia
IRSTCI01RUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.00
Year-over-Year Change
40.00%
Date Range
1/1/1995 - 10/1/2024
Summary
The Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Russia trend measures the overnight interbank lending rate in Russia, providing insight into the country's monetary policy and financial market conditions.
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
This economic indicator represents the average interest rate at which banks lend to one another on an overnight basis in the Russian interbank market. It reflects the availability and cost of short-term liquidity, which is a key factor for assessing the stance of monetary policy and domestic financial stability.
Methodology
The data is collected and reported by the Central Bank of Russia.
Historical Context
The call money rate is closely monitored by policymakers, financial analysts, and investors to gauge the Russian financial system's health and the central bank's policy actions.
Key Facts
- The call money rate is a key indicator of short-term liquidity conditions in Russia.
- Changes in the call money rate often signal shifts in the central bank's monetary policy stance.
- Monitoring the call money rate provides insights into the stability and functioning of Russia's financial system.
FAQs
Q: What does this economic trend measure?
A: The Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Russia trend measures the average overnight interbank lending rate in Russia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the availability and cost of short-term liquidity in the Russian financial system, which is a crucial factor for assessing the country's monetary policy and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Russia.
Q: How is this trend used in economic policy?
A: The call money rate is closely monitored by policymakers, financial analysts, and investors to gauge the stance of monetary policy and the overall health of the Russian financial system.
Q: Are there update delays or limitations?
A: The data is reported with minimal delay, providing timely insights into current market conditions.
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Citation
U.S. Federal Reserve, Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Russia (IRSTCI01RUM156N), retrieved from FRED.