Minister: Brexit to have limited influence on Russian economy

MOSCOW, Jun 24 (PRIME) -- The U.K. decision to leave the E.U. will have a limited impact on the Russian economy, Finance Minister Anton Siluanov told reporters on Friday.

“For Russia this means a falling oil price, a weakening ruble and growth of the financial markets’ volatility first of all,” Siluanov said. “The influence of this event will be limited.”

He said that Brexit is a warning for Russia to “be ready for negative scenarios of the global economic development” and be conservative in planning.

Siluanov called the U.K. decision a “black swan,” an unexpected event, and said that the global situation is now very fragile and the world is no longer following a steady track of globalization.

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