Monday, August 08, 2022
name of Prensa Latina
Bandera inglesa
English Edition
name of Prensa Latina

NEWS

NEWS

Russia has resources to pay its debt, according to Central Bank

russia-has-resources-to-pay-its-debt-according-to-central-bank

Russia has resources to pay its debt, according to Central Bank

Moscow, Apr 29 (Prensa Latina) The president of the Russian Central Bank, Elvira Nabiúllina, assured today that the country's Ministry of Finance has resources to meet its debt commitments, so there can be no talk of any default.
Share on facebook
Share on twitter
Share on whatsapp
Share on telegram
Share on email

The senior official acknowledged there are difficulties with the country’s payments, but she expressed her hope that “all this will be successfully resolved,” the TASS news agency reported.

Earlier, the director of the International Monetary Fund’s European Department, Alfred Kammer, confirmed the low level of Russian sovereign debt and market conditions reduce the risks of a possible technical default for the Moscow government.

According to the Russian Ministry of Finance, Russia’s external debt was 59.5 billion dollars as of February 1, 2022, of which 38.97 billion were acquired through bonds.

Currently, the Eurasian nation owes a total of 15 active loans taken out under bonds maturing from 2022 to 2047.

However, on April 6, the country paid for the first time in rOubles 649.2 million dollars of its debt, due to the refusal of a foreign bank to repay it in foreign currency.

In response to numerous Western punitive measures, on March 5, Russian President Vladimir Putin passed a decree allowing the country to make rOuble payments to bondholders from hostile countries.

ef/mem/mml

ÚLTIMO MINUTO
name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.