Russia policy rate in 2016 (2 changes)

Start of year11.00%

End of year10.00%Dec 30, 2016

Net change-100 bp0 hikes, 2 cuts

Average10.542%

Rank by level2 / 38

Changes in 2016

Date	From	To	Change
Jun 14, 2016	11.00%	10.50%	cut -50 bp
Sep 19, 2016	10.50%	10.00%	cut -50 bp

Compared with other areas at the end of 2016

Brazil13.75%

Russia10%

Türkiye8%

Colombia7.5%

South Africa7%

India6.25%

Mexico5.75%

Iceland5%

Indonesia4.75%

China4.35%

Peru4.25%

Serbia4%

North Macedonia3.75%

Chile3.5%

Philippines3%

Malaysia3%

Kuwait2.5%

Morocco2.25%

Saudi Arabia2%

Romania1.75%

New Zealand1.75%

Thailand1.5%

Poland1.5%

Australia1.5%

South Korea1.25%

Hong Kong1%

Hungary0.9%

United States0.625%

Norway0.5%

Canada0.5%

United Kingdom0.25%

Israel0.1%

Czechia0.05%

Euro area0%

Japan-0.1%

Sweden-0.5%

Denmark-0.65%

Switzerland-0.75%

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%

← 2015 2017 →

2016: hikes and cuts worldwide →

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