Stock Groups

Russia will continue to service external debt in roubles, minister says -Breaking

[ad_1]

© Reuters. FILEPHOTO: This illustration was taken on March 1, 2022 and shows a Russian rouble banknote placed on U.S. dollars banknotes. REUTERS/Dado Ruvic/Illustration

(Reuters) – Russia will continue to pay its Eurobond obligations as a state in roubles, and it will protect its position of a reliable borrower through all means, Anton Siluanov, the Finance Minister said Friday.

On Wednesday, the finance ministry stated that Russia will service its foreign debts in Russian roubles. These can later be exchanged for the Eurobonds original currency.

[ad_2]