Russia 'won't react to rumours' over euro

A senior Russian central bank official said on Monday 6 June that reports Italy and Germany could drop the euro were "just rumours," and said Russia has no intention of changing its reserves structure.

The Russian central bank is one of the largest buyers of euros in the world and currently holds 30 percent plus or minus 5 percent of its total reserves in euros, Central Bank deputy chairman Alexei Ulyukayev said, according to Dow Jones Newswires.

Ulyukayev's comments came after an Italian

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