VEB bank: U.S. sanctions not to impact Russian state debt and banks

Deputy Chief Executive Officer and Chief Economist of VEB development bank Andrei Klepach does not expect the US sanctions to affect Russia’s state debt and banks.

"I don’t think the US will impose sanctions against the (Russian) state debt, otherwise it would work against the dollar and American companies," TASS cited him as saying.

"It is possible, though I do not think the possibility is high," Klepach said when asked about possible risks of US sanctions to be imposed against Russia’s state debt and lenders.