Russia's Central Bank mulls various options for next rate cut

Fri 20 October 2017 12:09 GMT | 16:09 Local Time

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Russia's Central Bank will consider various options for the pace of cutting its key policy rate at the regulator’s next meeting on Oct. 27, Central Bank Deputy Governor Ksenia Yudayeva said.

Asked whether it was possible that the regulator will decide to cut its key rate by more than 50 basis points next week, Yudayeva said: "I believe that we have already got accustomed to this pace (of 50 basis points)."

"We will study and consider various options," Reuters cited her as saying.

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