Russia to pay foreign debt in rubles ...News

Economy by : (Russia Today) -
The announcement comes after the US blocked payments to American bondholders Moscow plans to make foreign debt payments in rubles, Russian State Duma Speaker Vyacheslav Volodin said on Wednesday. This comes after the US blocked Moscow from servicing its debt to American bondholders. Volodin added that the country has all the necessary monetary resources for payments. “The US and the satellites supporting Washington’s decisions should get used to the ruble,” Volodin said on his Telegram channel on Wednesday, citing Russia’s experience requiring ruble payments for gas shipments as an example of how settlements could

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