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BREAKING NEWS

Russia says will cut holdings of US securities amid sanctions

By REUTERS

AUGUST 12, 2018 15:26

MOSCOW - Russia will continue decreasing its holdings of US securities in response to new US sanctions on Moscow, Finance Minister Anton Siluanov said, RIA state news agency reported on Sunday.

Russia will increasingly use rubles and other currencies, including the euro, rather than the US dollar in its settlements, Siluanov said, speaking on state TV.

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