Source Pravda.Ru

Russian deputy prime minister: situation on international stock markets does not directly affect Russian economy

The situation on the international stock markets does not directly affect the Russian economy, said Russian deputy prime minister and finance minister Alexei Kudrin.

The Russian economy suffers more from the worsened external debt stands of the countries with transitional economies, he told journalists. So the worsened positions of Turkey, Brazil and Argentine are affecting Russia, though indirectly, Kudrin explained.

Investors have a limited loan volume for countries with transitional economies, he said. Thus, a worsened climate in separate countries decreases stock investments in all countries with transitional economies, the minister explained.

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