Bank of Russia starts publishing implied interest rate on CNY/RUB overnight FX swaps

The new benchmark is calculated on business days as the weighted average of yuan interest rates on individual transactions actually conducted in the on-exchange and over-the-counter segments of the Russian market, under covered interest rate parity.

The procedure for calculating this interest rate is published in the section Implied Interest Rate on CNY/RUB Overnight FX Swaps of the Databases section on the Bank of Russia website.

The reference to the Press Service is mandatory if you intend to use this material.

01.04.2026 13.20.00