The Ministry of Finance of the Russian Federation will make another payment on external debt

The next tranche of Russia’s external debt after an almost three-month break falls on September 16: the country must pay coupons on Russia-2023 and Russia-2043 Eurobonds. When asked by Izvestia about whether the Ministry of Finance plans to transfer money, the department said that they continue to service obligations under Eurobonds in Russian rubles in … Read more

Senator Klimov is confident that attempts at external interference in the upcoming elections will fail

TASS held a press conference on the preliminary results of monitoring attempts at external interference in Russia’s internal affairs in preparation for the 2022 regional and local elections. According to the Deputy Chairman of the Federation Council Committee on Foreign Policy, as well as the head of the temporary commission of the Federation Council for … Read more

Gold in the blue eye // The state of the balance of payments of the Russian Federation in July is suspiciously brilliant

The Bank of Russia’s assessment of the balance of payments of the Russian Federation for July 2022, contrary to expectations, is stronger than the June figures: the foreign trade surplus of the Russian Federation for this month amounted to $33.9 billion. Analysts are already distrustful of them – a huge surplus should have been caused … Read more

The hryvnia fell by a quarter // The National Bank of Ukraine devalued it after the stabilization of the situation in the financial sector

The National Bank of Ukraine decided to devalue the Ukrainian hryvnia by 25%. The hryvnia exchange rate against the dollar was fixed in March 2022, and the Ukrainian Central Bank went for devaluation only after the situation in the financial sector stabilized as a result of deferrals for servicing external public debt. The depreciation of … Read more

Moody’s confirms Russia’s default on external debt

Moody’s confirms Russia’s default on external debt 06/28/2022 04:27 Ukrinform International rating agency Moody’s confirmed on Monday that Russia has entered into default on its external debt due to the inability to make interest payments caused by Western sanctions after its invasion of Ukraine. This was reported by Ukrinform with reference to Forbes. Russia’s missed … Read more

Russia defaults on external debt – Bloomberg

Russia defaults on external debt – Bloomberg 27.06.2022 06:00 Ukrinform Russia has defaulted for the first time on foreign currency sovereign debt, the culmination of severe Western sanctions that have closed the way for foreign payments to creditors. This was reported by Ukrinform with reference to Bloomberg. On Sunday, the grace period for approximately $100 … Read more

Putin transferred payments on external debt to rubles

Russian President Vladimir Putin signed a decree introducing a new temporary procedure for fulfilling obligations on Russia’s foreign currency debt. Payment will be made in rubles. The National Settlement Depository (NSD), against which sanctions were previously imposed, will open type “I” ruble accounts in the name of foreign depositories for payments to holders of Russian … Read more

Import continues to fall in favor of the ruble // Monitoring of statistics

The “mirror” statistics of foreign trade (according to trading partners), despite the fact that these data were closed by the FCS, allows, among other things, to clarify the source of the record trade surplus of $40.2 billion previously recorded by the Bank of Russia. Analysts of the Solid Numbers Telegram channel, based on the statistics … Read more