Russia must cough up a further $615 million this month, before a major $2 billion payment in April, according to JPMorgan.
Russian Finance Minister Anton Siluanov has warned the country may have to pay its foreign debts in rubles. Handout/Getty ImagesHowever, the government faces another $4.6 billion in payments in 2022, according to JPMorgan.For more stories go toRussia has staved off a dramatic default by sending dollars to foreign holders of its bonds, but the government now faces further difficult deadlines for $4.6 billion worth of payments this year.
investors in the UK, Germany and the US said they'd also received their money at the end of last week. "Russia's remaining interest repayments this month will keep investors anxious," said Jim Reid, head of global fundamental credit strategy of Deutsche Bank.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russia accused of bombing school sheltering hundreds in UkraineUkrainian authorities say Russia has bombed a school sheltering 400 people in the besieged port of Mariupol.
Read more »
Cyril’s finally taken a stand; he’s Putin Russia firstNow that President Cyril Ramaphoski has decided responsibility for the murder of women and children by Russian soldiers, as they invade Ukraine, actually lies with the West, he is like a man liberated, writes Peter Bruce.
Read more »
Russia fires hypersonic missiles as Ukraine presses for peace dealRussia on Saturday admitted using advanced hypersonic missiles for the first time in the Ukraine conflict as Kyiv's embattled leader Volodymyr Ze...
Read more »
President Zelenskyy calls for peace talks with Russia without delayIn a video on Saturday, President Zelenskyy warned Russia would suffer losses that would take 'generations to recover' if Putin refused to negotiate.
Read more »
Zelensky says Russia wages 'terror', Mariupol says thousands deported | News24Ukrainian President Volodymyr Zelensky said Russia's siege of the port city of Mariupol was 'a terror that will be remembered for centuries to come', while local authorities said thousands of residents there had been taken by force to Russia.
Read more »