Russian rouble hovers near one-month high ahead of expected rate hold
April 26 (Reuters) -The Russian rouble hovered near a one-month high of around 92 to the dollar on Friday, ahead of a rate-setting meeting by the central bank at which it is widely expected to leave borrowing costs unchanged for the third time in a row.
At 0653 GMT, the rouble was steady against the dollar at 91.96 RUBUTSTN=MCX, earlier hitting 91.8975, its strongest since March 27.
All 26 analysts polled by Reuters this week expect the Bank of Russia to keep interest rates unchanged at 16%, with the gradual slowdown of inflation preventing the central bank from easing borrowing costs more quickly.
The rouble had lost 0.1% to trade at 98.75 versus the euro EURRUBTN=MCX and shed 0.1% against the yuan to 12.67 CNYRUBTOM=MCX.
Brent crude oil LCOc1, a global benchmark for Russia's main export, was up 0.5% at $89.41 a barrel.
Reporting by Alexander Marrow; editing by Miral Fahmy
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