Russia policy rate in 2006 (2 changes)

Start of year12.00%

End of year11.00%Dec 29, 2006

Net change-100 bp0 hikes, 2 cuts

Average11.629%

Rank by level5 / 38

Changes in 2006

Date	From	To	Change
Jun 26, 2006	12.00%	11.50%	cut -50 bp
Oct 23, 2006	11.50%	11.00%	cut -50 bp

Compared with other areas at the end of 2006

Türkiye17.5%

Serbia14%

Iceland13.3%

Brazil13.25%

Russia11%

Indonesia9.75%

South Africa9%

Romania8.75%

Hungary8%

Philippines7.5%

Colombia7.5%

New Zealand7.25%

India7.25%

Mexico7.02%

Hong Kong6.75%

Kuwait6.25%

Australia6.25%

China6.12%

North Macedonia5.81%

United States5.25%

Chile5.25%

Saudi Arabia5.2%

Thailand5%

United Kingdom5%

Peru4.5%

South Korea4.5%

Israel4.5%

Canada4.25%

Poland4%

Denmark3.75%

Euro area3.5%

Norway3.5%

Malaysia3.5%

Morocco3.25%

Sweden3%

Czechia2.5%

Switzerland2%

Japan0.25%

Year-end rate over time

202614%

202516%

202421%

202316%

20227.5%

20218.5%

20204.25%

20196.25%

20187.75%

20177.75%

201610%

201511%

201417%

20135.5%

20128.25%

20118%

20107.75%

20098.75%

200813%

200710%

200611%

200512%

200413%

200316%

200221%

200125%

200025%

← 2005 2007 →

2006: hikes and cuts worldwide →

Daily policy-rate data compiled by the BIS. Not investment advice.