MOSCOW (Reuters) - Russia's central bank said on Thursday that the impact of U.S. sanctions over the Ukraine crisis would largely have a delayed impact and that it had enough tools to address short-term difficulties.
"The main consequences relate to the acquisition of new long-term loans or refinancing - that is, the effects are largely of a delayed nature," it told Reuters. It did not specify a timeframe.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!