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Russia's economy will need to adapt to new US sanctions, economy minister says
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Russia's economy will need to adapt to new US sanctions, economy minister says
Nov 29, 2024 2:02 AM

MOSCOW, Nov 29 (Reuters) - The Russian rouble will

strengthen when temporary speculative factors and market

nervousness are gone, but the economy will need adapt to new

U.S. sanctions targeting the banking sector, Economy Minister

Maxim Reshetnikov said on Friday.

"It is evident that adaptation to the new anti-Russian

sanctions will be necessary, including changes to banking

mechanisms and channels for currency inflows into the Russian

market," Reshetnikov said in a statement.

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