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U.S. Told Russian Embassy No New Sanctions Due Soon, Russia Says

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Kevin Cirilli On Trump And Russia

The Trump administration notified Russia’s U.S. embassy in Washington Sunday that it has no plans to impose any further sanctions soon, according to a Foreign Ministry official.

Conflicting signals from Washington over its plans have sent markets gyrating in recent days. When official Russian news agencies reported the U.S. notification Wednesday, the ruble flipped from being the worst performing emerging-market currency to the best in the first hour of trading in Moscow. Ten-year ruble debt erased declines, climbing for a third day before the Finance Ministry plans to sell bonds after axing an auction last week for the first time since 2015.