First Deputy Head of the Central Bank of Russia Ksenia Yudayeva announced that the impact of the Russian financial system on the financial situation and stability in the United States has decreased.

Yodaeva said she hoped there would be no default in the United States amid reports that negotiations between Republicans and Democrats were proceeding with great success.

"Volatility in international financial markets has a limited impact on the Russian financial market, as it is closed due to sanctions and restrictions imposed on Moscow," Yudaeva said, adding that there are spillover effects.

Today, China's largest rating agency downgraded the sovereign credit rating of the United States in light of the situation linked to the US public debt ceiling.

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