Error: Could not add to watchlist. X
+ Watchlist

Russia Refinancing Rate Announcement

RREFRANN:IND
RUB
Before it's here, it's on the Bloomberg Terminal.
Learn More
Profile
Before the Bank of Russia key rate was introduced in September 2013 ({RREFKANN Index DES} or {RREFKEYR Index DES}), this refinancing rate was commonly regarded as the main indicator of the monetary policy stance. However, even then its operational importance was low since the Bank of Russia provided only a small amount of funds at the refinancing rate. The Bank of Russia plans to adjust its refinancing rate to match the key rate level by 1 January 2016. Prior to this date it will only be of secondary importance. The transition period will be used to amend contracts and regulatory acts which involve the refinancing rate.
Address
-
Phone
-
Website
-