April 23, 2018 / 6:56 AM / a month ago

Russian finance ministry may raise net domestic market borrowing in 2018 - RIA

MOSCOW (Reuters) - Russia’s finance ministry could increase net domestic market borrowing by 200 billion roubles (2.3 billion pounds) in 2018, the RIA news agency reported on Monday, citing Konstantin Vyshkovsky, head of the finance ministry’s debt department.

FILE PHOTO: Konstantin Vyshkovsky, head of the state debt department at the Russian finance ministry, speaks during an interview on the sidelines of Moscow Financial Forum in Moscow, Russia September 8, 2017. REUTERS/Andrey Ostroukh

The reason for a possible increase is a stronger rouble, Vyshkovsky said.

Reporting by Maria Kiselyova; Writing by Polina Nikolskaya; Editing by Matthew Mpoke Bigg

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