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Financials

Russian central bank says will carefully choose when and how to use room for rate cut

MOSCOW, Nov 26 (Reuters) - Russia’s central bank will carefully choose when and how to use room for a rate cut, First Deputy Governor Ksenia Yudaeva said on Thursday, less than a month before its next rate-setting meeting on Dec. 18.

A Reuters poll of analysts conducted in late October predicted the central bank would hold its key rate at a record low 4.25% next month, while the International Monetary Fund urged Russia to consider cutting rates further. (Reporting by Elena Fabrichnaya; Writing by Alexander Marrow; Editing by Alison Williams)

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