Russian govt to solve problems of excessive FX liabilities
MOSCOW, Feb 5 (PRIME) – The Russian government is working on the problem of excessive liabilities denominated in foreign currencies, Economic Development Minister Alexei Ulyukayev said Friday at a meeting of the United Russia party.
“Russians have stopped purchases of foreign currency, and banks now have an excess of foreign currency liabilities. We need measures to soften this excess and we are working on that,” he said.
“Banks have a rather large amount of foreign currency liabilities, and we now may study different measures, including an offer of special foreign currency-denominated bonds in order to balance the liabilities.”
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05.02.2016 13:32