Russia policy rate in 2007 (2 changes)

Start of year11.00%

End of year10.00%Dec 29, 2007

Net change-100 bp0 hikes, 2 cuts

Average10.248%

Rank by level5 / 38

Changes in 2007

Date	From	To	Change
Jan 29, 2007	11.00%	10.50%	cut -50 bp
Jun 19, 2007	10.50%	10.00%	cut -50 bp

Compared with other areas at the end of 2007

Türkiye15.75%

Iceland13.75%

Brazil11.25%

South Africa11%

Russia10%

Serbia10%

Colombia9.5%

New Zealand8.25%

Indonesia8%

India7.75%

Mexico7.57%

Romania7.5%

Hungary7.5%

China7.47%

Australia6.75%

Kuwait6.25%

Chile6%

Hong Kong5.75%

Saudi Arabia5.5%

United Kingdom5.5%

Philippines5.25%

Norway5.25%

Poland5%

Peru5%

South Korea5%

North Macedonia4.81%

United States4.25%

Israel4.25%

Denmark4.25%

Canada4.25%

Euro area4%

Sweden4%

Malaysia3.5%

Czechia3.5%

Thailand3.25%

Morocco3.25%

Switzerland2.75%

Japan0.5%

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%

← 2006 2008 →

2007: hikes and cuts worldwide →

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