Russia cash reserve ratio

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Russia cash reserve ratio: 8.5 (0%)
Last Update: August 31, 2024

Russia cash reserve ratio closed down 8.5 as of August 31, 2024 from 8.5 from the previous month and 8.5 from last year.


Russia cash reserve ratio Analytics & Data




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Russia cash reserve ratio

Date Values
2024-08-31 8.5
2024-07-31 8.5
2024-06-30 8.5
2024-05-31 8.5
2024-04-30 8.5
2024-03-31 8.5
2024-02-29 8.5
2024-01-31 8.5
2023-12-31 8.5
2023-11-30 8.5
2023-10-31 8.5
2023-09-30 8.5
2023-08-31 8.5
2023-07-31 8.5
2023-06-30 8.5
2023-05-31 7.5
2023-04-30 7.5
2023-03-31 7
2023-02-28 5
2023-01-31 5
2022-12-31 5
2022-11-30 5
2022-10-31 5
2022-09-30 5

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Russia cash reserve ratio Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
cash reserve ratio ru.cashreserveratio 8.5 8.5 0 0 Down Down 48 2024-08-31

Russia cash reserve ratio Quantitative Analysis, Charts & Factors

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Russia cash reserve ratio Historical Data

The MacroVar database offers free access to historical data for the Russia cash reserve ratio, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Russia cash reserve ratio data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Russia cash reserve ratio

The cash reserve ratio in Russia refers to the percentage of a bank's total deposits that must be held in reserve in the form of cash or deposits with the central bank. This ratio is set by the Central Bank of Russia and is used as a tool to control the amount of money that banks can lend out in the economy. By adjusting the cash reserve ratio, the central bank can influence the amount of money in circulation, which can help to control inflation and stabilize the economy. If the reserve ratio is increased, banks will have less money to lend out, which can help to curb inflation. Conversely, if the reserve ratio is decreased, banks will have more money to lend out, which can stimulate economic growth.

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