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Submission: On May 09 via api from US — Scanned from DE
Submission: On May 09 via api from US — Scanned from DE
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Skip to content Sections SEARCH Business SUBSCRIBE FOR €0.50/WEEKLog in Tuesday, May 9, 2023 Today’s Paper SUBSCRIBE FOR €0.50/WEEK Business|Dollars or Rubles? Russian Debt Payments Are Due, and Uncertain. https://www.nytimes.com/2022/03/15/business/russia-debt-bonds-default.html * Give this article * * RUSSIA-UKRAINE WAR * liveUpdates May 9, 2023, 2:12 a.m. ET17m ago 17m ago * Photos * Down the Dnipro River * Life in Ukraine’s Trenches * Video: A Soldier on the War’s Toll Advertisement Continue reading the main story Supported by Continue reading the main story DOLLARS OR RUBLES? RUSSIAN DEBT PAYMENTS ARE DUE, AND UNCERTAIN. Citing sanctions, the Russian government warned it might pay foreign debt obligations in rubles. Credit rating agencies say a default is imminent. * Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. Give this article * * * Read in app The Moscow financial district. The Russian govenment owes about $40 billion in dollar- and euro-denominated debt, while Russian corporations owe about $100 billion in foreign-currency debt.Credit...The New York Times By Eshe Nelson, Alan Rappeport and Lauren Hirsch March 15, 2022 Russia is teetering on the edge of a possible sovereign debt default, and the first sign could come as soon as Wednesday. The Russian government owes about $40 billion in debt denominated in U.S. dollars and euros, and half of those bonds are owned by foreign investors. And Russian corporations have racked up approximately $100 billion in foreign currency debt, JPMorgan estimates. Advertisement Continue reading the main story -------------------------------------------------------------------------------- Subscribe to The Times to read as many articles as you like. nytimes.com/subscription SITE INDEX SITE INFORMATION NAVIGATION * © 2023 The New York Times Company * NYTCo * Contact Us * Accessibility * Work with us * Advertise * T Brand Studio * Your Ad Choices * Privacy Policy * Terms of Service * Terms of Sale * Site Map * Canada * International * Help * Subscriptions You’ve reached your limit of free articles. Already a subscriber? Log in. The New York Times: Digital and Home Delivery Subscriptions READER FAVORITE BASIC SUBSCRIPTION Introductory offer: Get unlimited News access for €0.50 a week. €2 €0.50/week Billed as €8 €2 every 4 weeks for the first year. Cancel or pause anytime. Subscribe now -------------------------------------------------------------------------------- Offer Link -------------------------------------------------------------------------------- Offer for a New York Times News subscription; current subscribers not eligible. Subscription excludes print edition. Subscription also excludes digital access to New York Times Games, Cooking, Wirecutter or The Athletic. Your payment method will automatically be charged in advance the introductory rate every 4 weeks for 1 year, and after 1 year the standard rate every 4 weeks. Your subscription will continue until you cancel. Cancellation takes effect at the end of your current billing period. Taxes may apply. Offer terms are subject to change. © 2023 The New York Times Company HelpFeedback Not ready to subscribe? Tell us why -------------------------------------------------------------------------------- Your tracker settings We use cookies and similar methods to recognize visitors and remember their preferences. We also use them to measure ad campaign effectiveness, target ads and analyze site traffic. To learn more about these methods, including how to disable them, view our Cookie Policy. By clicking "accept", you consent to the processing of your data by us and third parties using the above methods. You can always change your tracker preferences by visiting our Cookie Policy. ACCEPT REJECT plus-icon check Subscribe to The Times to read (and print) as many articles as you’d like. nytimes.com/subscription