Russia policy rate in 2011 (3 changes)

Start of year7.75%

End of year8.00%Dec 30, 2011

Net change+25 bp2 hikes, 1 cuts

Average8.133%

Rank by level4 / 38

Changes in 2011

Date	From	To	Change
Feb 28, 2011	7.75%	8.00%	hike +25 bp
May 3, 2011	8.00%	8.25%	hike +25 bp
Dec 26, 2011	8.25%	8.00%	cut -25 bp

Compared with other areas at the end of 2011

Brazil11%

Serbia9.75%

India8.5%

Russia8%

Hungary7%

China6.56%

Romania6%

Indonesia6%

Türkiye5.75%

South Africa5.5%

Chile5.25%

Colombia4.75%

Poland4.5%

Philippines4.5%

Mexico4.5%

Peru4.25%

Australia4.25%

Iceland4.125%

North Macedonia4%

Thailand3.25%

Morocco3.25%

South Korea3.25%

Malaysia3%

Israel2.75%

New Zealand2.5%

Kuwait2.5%

Saudi Arabia2%

Sweden1.75%

Norway1.75%

Euro area1%

Canada1%

Czechia0.75%

Hong Kong0.5%

United Kingdom0.5%

Denmark0.3%

United States0.125%

Switzerland0.125%

Japan0.05%

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%

← 2010 2012 →

2011: hikes and cuts worldwide →

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