Reuters logo
Russia will not switch out of euro reserves -Medvedev
November 27, 2012 / 1:15 PM / 5 years ago

Russia will not switch out of euro reserves -Medvedev

PARIS, Nov 27 (Reuters) - Russia has no plans to switch its euro-denominated foreign exchange reserves into other currencies, Prime Minister Dmitry Medvedev said on Tuesday during a visit to Paris.

“We have no intention of reallocating them ... Despite the problems (in the euro zone ) we think it will get better,” Medvedev told a news conference.

Russia has signalled in the past that it could be willing to diversify its forex reserves by adding other currencies such as the Australian dollar.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below