MOSCOW (Reuters) – Russian Finance Minister Anton Siluanov stated the government and central financial institution had the instruments to keep up monetary stability and would use them if essential.
FILE PHOTO: Russian Finance Minister Anton Siluanov attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia May 25, 2018. REUTERS/Sergei Karpukhin
Russia’s financial system had demonstrated it was steady within the face of previous sanctions in addition to fluctuations within the oil value, he stated in an announcement.
A brand new spherical of U.S. sanctions despatched Russian markets sharply decrease on Thursday.
Reporting by Darya Korsunskaya; Writing by Tom Balmforth; modifying by John Stonestreet