Russia says will cut holdings of U.S. securities amid sanctions: RIA

MOSCOW (Reuters) – Russia will continue decreasing its holdings of U.S. securities in response to new U.S. sanctions on Moscow, Finance Minister Anton Siluanov said, RIA state news agency reported on Sunday.

FILE PHOTO: National flags of Russia and the U.S. fly at Vnukovo International Airport in Moscow, Russia April 11, 2017. REUTERS/Maxim Shemetov/File Photo

Russia will increasingly use rubles and other currencies, including the euro, rather than the U.S. dollar in its settlements, Siluanov said, speaking on state TV.

Reporting by Andrey Ostroukh; Editing by Mark Potter

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