MOSCOW (Reuters) – Additional U.S. sanctions damage bilateral ties between Moscow and Washington but Russia’s financial system is resilient to external pressures, Finance Minister Anton Siluanov said on Saturday.

U.S. President Donald Trump has imposed another round of sanctions on Russia over the poisoning of a former spy in Britain, the White House said on Friday.

“Russia’s economy has already proved to be resilient to external restrictions in recent years,” Siluanov said.

He added: “With regard to the public debt and corporate debt, we are confident that the financial system we have created allows us to meet the needs of the budget and enterprises in borrowed resources.”

The U.S. State Department said in a statement https://www.state.gov/imposition-of-a-second-round-of-sanctions-on-russia-under-the-chemical-and-biological-weapons-control-and-warfare-elimination-act that with the new round of sanctions Washington will oppose the extension of any loan or financial or technical assistance to Russia by international financial institutions.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

2019-08-03