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11 27.04.2026

Bank of Russia updates approaches to holding fine-tuning auctions

13 May 2026, which is the first day of the May required reserve averaging period, the Bank of Russia will adjust the approaches to holding

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27.04.2026

An Educational Model of a Small Open Economy for Monetary Policy Analysis (with examples from the practice of the Bank of Russia)

a given interest rate, since banks needed reserves to support the money created through lending. The volume of reserves was controlled by the central bank.

An Educational Model of a Small Open Economy for Monetary Policy Analysis (with examples from the practice of the Bank of Russia)

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Publication Schedule

16:00 International Reserves of the Russian Federation (End of period). Weekly values* weekly values 08.05.2026 16:00 International Reserves of the Russian

14 27.04.2026

Banking Sector Liquidity, Monetary Policy Instruments and Other Operations of the Bank of Russia

in the Reserve Maintenance Periods Required Reserves Required Reserves of Credit Institutions 16.12.2025 Required Reserve Ratios Required Reserve Averaging Ratios Required Reserve Adjustment

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Official Statistics Release Calendar

16:00 International Reserves of the Russian Federation (End of period). Weekly values* weekly values 08.05.2026 16:00 International Reserves of the Russian

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27.04.2026

Indices of changes in bank lending conditions and demand for loans based on a quarterly survey of the largest Russian banks

Bank Lending Conditions

17 27.04.2026

The Banking Sector Liquidity Deficit/Surplus

reserves allows to eliminate the impact of bank’s strategies for fulfillment the reserve requirements. The banking sector liquidity deficit is the volume of reserves

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Bank of Russia’s latest operational announcements

overnight 27.04.2026 -0.00006 Required reserves Required reserves ratios Applied since the regulation of required reserves for august 2025 % In rubles In foreign

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All indicators

4,800.65 Palladium Pd 3 622.96 3,569.22 International Reserves of the Russian Federation billions of US dollars 17.04.2026 779.

20 27.04.2026

BoR Secured Loans

case of a structural liquidity deficit to cover medium-term demand for bank reserves, including when credit institutions are short of marketable collateral. Credit institutions may