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Russia may be in default, Moody's says
Reuters ^ | April 15, 2022 10:31 AM GMT | Guy Faulconbridge

Posted on 04/15/2022 2:21:24 AM PDT by GonzoII

Russia paid roubles on dollar bonds

Bonds had no provision for rouble payments - Moody's

Russia defaulted on foreign bonds after 1917 revolution

Russia's economy facing worst year since 1994

LONDON, April 15 (Reuters) - Moody's said Russia may be in default because it tried to service its dollar bonds in roubles, which would be one of the starkest consequences to date of Moscow's exclusion from the Western financial system since President Vladimir Putin's invasion of Ukraine.....


(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: clownworld; putin; rouble; russia
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To: Arcadian Empire

I add India and most of the rest of Asia to each of those.


21 posted on 04/15/2022 11:16:00 AM PDT by rightwingcrazy (;-,)
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To: ReaganGeneration2

Russia is evil an needs to be wrecked.


22 posted on 04/26/2022 6:24:39 PM PDT by ARGLOCKGUY
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