Russia policy rate in 2012 (3 changes)

Start of year8.00%

End of year8.25%Dec 29, 2012

Net change+25 bp2 hikes, 1 cuts

Average8.083%

Rank by level2 / 38

Changes in 2012

Date	From	To	Change
Jun 20, 2012	8.00%	8.25%	hike +25 bp
Jul 3, 2012	8.25%	8.00%	cut -25 bp
Sep 14, 2012	8.00%	8.25%	hike +25 bp

Compared with other areas at the end of 2012

Serbia11.25%

Russia8.25%

India8%

Brazil7.25%

China6%

Indonesia5.75%

Hungary5.75%

Türkiye5.5%

Iceland5.375%

Romania5.25%

South Africa5%

Chile5%

Mexico4.5%

Poland4.25%

Peru4.25%

Colombia4.25%

North Macedonia3.73%

Philippines3.5%

Malaysia3%

Morocco3%

Australia3%

Thailand2.75%

South Korea2.75%

New Zealand2.5%

Saudi Arabia2%

Kuwait2%

Israel1.75%

Norway1.5%

Sweden1%

Canada1%

Euro area0.75%

Hong Kong0.5%

United Kingdom0.5%

United States0.125%

Switzerland0.125%

Japan0.05%

Czechia0.05%

Denmark-0.2%

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%

← 2011 2013 →

2012: hikes and cuts worldwide →

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