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Russia says will cut holdings of U.S. securities amid sanctions - RIA

Reuters  |  MOSCOW 

(Reuters) - will continue decreasing its holdings of U.S. securities in response to new U.S. sanctions on Moscow, said, RIA state agency reported on Sunday.

will increasingly use roubles and other currencies, including the euro, rather than the U.S. dollar in its settlements, Siluanov said, speaking on state TV.

(Reporting by Andrey Ostroukh; Editing by Mark Potter)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, August 12 2018. 17:53 IST