Russia appears to have defaulted on its international debt for the first time in over a century, after Western sanctions made the country's efforts to pay its overseas creditors impossible...This put Russia on default watch as early as the spring. But Moscow kept paying its debts from currency reserves at home. In May, however, the U.S. Treasury blocked even those transfers to American investors.
TRUE.
Continue to explore information from the additional article I cited :)
Thank you for the correct observation.