The Central Bank did not rule out the purchase of sovereign debt of the Russian Federation in case of US sanctions

© RIA Novosti / Natalia to Seliverstova in fotobounce over the entrance to the building of the Central Bank of Russia. Archival photoThe Central Bank did not rule out the purchase of sovereign debt of the Russian Federation in case of US sanctions© RIA Novosti / Natalia to Seliverstova the image Bank

The Central Bank does not exclude the possibility of buying sovereign debt of the Russian Federation with distribution on it of US sanctions, but not the fact that see fit to use this tool, said during a press conference the head of the Central Bank Elvira Nabiullina.

«We do not exclude, but not the fact that we consider it appropriate to use this tool», — said Nabiullina, answering the question whether the Russian Central Bank to buy bonds to support the market in case of new sanctions of the United States.

The President of the United States Donald trump in August signed a law expanding the number of sectoral sanctions against the Russian economy. The document suggests that within six months (180 days) after its adoption, the US Congress will meet to discuss the possible expansion of restrictive measures on Russian debt.

The Central Bank did not rule out the purchase of sovereign debt of the Russian Federation in case of US sanctions© RIA Novosti, Infographicsrussia against Russia and international trade

 

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