Russia threatens to pay external debt in roubles as sanctions bite – business live

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Rolling coverage of the latest economic and financial news

This chart shows how the value of Russia’s debts has plunged since the war began, while the cost of insuring them using a credit default swap has soared:\nAs Reuters puts it: The government is due to pay $117m on two of its dollar-denominated bonds.

 

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That's funny and they're totally in their right to do so

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The ruble is worthless its not gonna pay debt by this time tomorrow it will fall again in value

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Lol, I would not be surprise if they decide not to pay at all

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Democratic countries must cut off all ties with Russia.

They will need a lot of wheelbarrows to transport them in

If the debt is not denominated in RUB, that action will trigger a default event.

Stand by for the 1 billion ruble note.

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 /  🏆 84. in JP

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