Russian central bank to consider wide range of options for key rate -Ifax

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MOSCOW - Russia's central bank on Friday said it would consider a wide range of options regarding its benchmark interest rate at its Oct. 27 meeting, a slight softening of the hawkish signal the bank has been giving in recent weeks.

But the rouble was given a sharp boost this week when President Vladimir Putin ordered mandatory sales of foreign currency by some exporters. That led the currency to strengthen and potentially gives the central bank reason not to hike rates too drastically from the current 13%. Asked by Interfax whether holding the rate was under consideration, or by which steps the bank could hike, Zabotkin said:"We will receive quite a lot of additional data, so now I would not single out specific alternatives."

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