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Russia says will ditch U.S. securities amid sanctions -RIA

Reuters  |  MOSCOW 

By Andrey OstroukhMOSCOW (Reuters) - Russia will further decrease its holdings of U.S. securities in response to new sanctions against Moscow but has no plans to shut down U.S. companies in Russia, Finance Minister Anton Siluanov said on state TV on Sunday, RIA news agency reported.On Friday, Prime Minister Dmitry Medvedev said Russia would regard any U.S. move to curb the activities of its banks as a "declaration of economic war" and would take retaliatory action.Washington said on Wednesday it would impose fresh sanctions by the end of August after it determined that Moscow had used a nerve ...

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First Published: Sun, August 12 2018. 18:49 IST