Russia selling off US securities in wake of new sanctions
Russia's finance minister said Sunday that the country would lower its investment in U.S. securities, calling new sanctions from the Trump administration "unpleasant but not fatal."
Reuters reported that Finance Minister Anton Siluanov said on state television that Russia will decrease its investment in the U.S. economy "to the minimum level." However, the country will not shut down U.S. companies operating in Russia.
“Eventually, this will negatively impact U.S. investors. But we are not planning now any limitations such as shutting down McDonalds,” Siluanov said.
He added that there are no plans to ban the use of the dollar in Russia.
http://thehill.com/policy/international/401467-russia-selling-off-us-securities-in-wake-of-new-sanctions