Russian min sees no critical market reaction on US govt shutdown - All News - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russian min sees no critical market reaction on US govt shutdown

White-houseMOSCOW, Oct 1 (PRIME) -- The ongoing dispute between Republicans and Democrats in the U.S. Congress on the sovereign debt ceiling and the government shutdown will not trigger any critical reaction on the markets or have any significant influence on on Russian companiesТ positions on the debt market, Economic Development Minister Alexei Ulyukayev said Tuesday.

УI donТt think that the reaction of markets will be serious. We remember the events from two years ago when the U.S. was in the same situation. The markets just included these dynamics into their quotes,Ф Ulyukayev said.

УI donТt think that it will have a huge impact on the conditions of borrowing for our companies; for domestic businesses participating on international capital markets,Ф Ulyukayev said.

The Democrat-led U.S. Senate, the upper house of the Congress, has rejected a budget bill passed by the Republican-led House of Representatives, the CongressТ lower house, with just hours left to avert a government shutdown.

The government shutdown would be the first in the U.S. in 17 years.

End

01.10.2013 12:03
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 47.8958 +0.0323 31 jul
USD 35.7271 +0.0932 31 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1222.40 +1.25 19:20 30 jul
micex 1382.14 +0.90 19:20 30 jul
nyse 10924.86 -0.11 22:56 30 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 133.59 +1.74 19:00 30 jul
lkoh 2009.10 +1.73 19:00 30 jul
rosn 223.85 +1.61 19:00 30 jul
sber 73.80 +0.82 19:00 30 jul
gazp 133.59 +1.74 19:00 30 jul
lkoh 2009.10 +1.73 19:00 30 jul
rosn 223.85 +1.61 19:00 30 jul
sber 73.80 +0.82 19:00 30 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 47.7165 -0.2710 14:59 30 jul
USDTD 35.5595 -0.0945 17:14 30 jul