Ulyukayev: no sharp drop in oil prices or ruble due to Brexit

 Ulyukayev: no sharp drop in oil prices or ruble due to Brexit

A possible exit of the UK from the EU won't affect global market, the Russian Economic Development Minister, Alexei Ulyukayev, said.

According to him, no sharp drop in oil prices or the ruble value should be expected to follow a possible Brexit, although "no one will tell you exactly [what the Brexit influence might be], it is impossible to assess that."

"Firstly, if this happens, the process itself will be delayed for many years, for a long period. Secondly, there can be different forms of relationship between the remaining 27 countries and the country that leaves. It is very difficult to imagine the final configuration of it all. And from it, of course, everything else will depend to a great extent," Sputnik cited Ulyukayev as saying.

However, he expects that voters in the United Kingdom will choose to stay in the European Union.

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