×

Russia c.bank may hold, raise rates Oct. 5 -Ulyukayev

MOSCOW, Oct 2 (Reuters) - Russia's central bank may hold or raise interest rates at its policy meeting this week, a senior official said on Tuesday, signalling the bank's tightening bias after its surprise rate hike last month.

First Deputy Chairman Alexei Ulyukayev said he considered inflation risks to be greater than those of an economic slowdown, adding that he expected the rouble to remain stable on foreign exchange markets.

(Reporting by Darya Korsunskaya; Writing by Douglas Busvine)

((douglas.busvine@thomsonreuters.com)(+7 495 775 1242))

Keywords: RUSSIA CBANK/