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Russian minister fears US elections have most serious impact on global financial markets

The ruble is very stable against the backdrop of the presidential elections in the US compared to other emerging currencies

MOSCOW, November 11. /TASS/. Elections in the United States have the most serious impact on the global financial markets, Deputy Finance Minister Maxim Oreshkin said on Friday.

"With regard to external risks, the most interesting topic, of course is presidential elections in the US. They have a very serious impact on the financial markets. The main story, that needs attention is growth if revenues from the US Treasury bonds. They are currently trading at the highest level this year," he said.

Oreshkin believes that Russian Investors will now be scrupulous about purchasing government debt securities. "The US elections affect not only our external borrowing, but also the domestic market. In fact, the situation here has deteriorated. Now, I think, investors will be scrupulous about purchasing our securities," he said.

At the same time, according to him, the ruble is very stable against the backdrop of the presidential elections in the United States compared with other emerging currencies.

"Exchange rates are fluctuating after the presidential election in the United States. It is important to note that the ruble is very stable against other emerging currencies," he said.

Russian Investors will now be scrupulous about purchasing government debt securities, Oreshkin has warned.

"The US elections affect not only our external borrowing, but also the domestic market. In fact, the situation here has deteriorated. Now, I think, investors will be scrupulous about purchasing our securities."