Anton Siluanov: U.S. default would not affect the Russian economy

17 October 2013, Thursday
Technical default of U.S. government securities in the event of its occurrence will not affect the Russian economy , said Finance Minister Anton Siluanov . According to him, such a default could have only an indirect effect on the financial system of the Russian Federation . "We have no short-term securities ," - said the Minister. In turn, First Deputy Chairman of the Bank of Russia Kseniya Yudaeva noted that the impact of the current crisis in the U.S. on gold reserves of the Russian Federation is minimal.Treasury securities not in use in any transactions. According to her, all the problems arise mainly for the U.S., however , the US's treasury bonds remain the most risk-free asset .
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