Hi, Ward Dossche!
I read your message from 16.03.2022 15:39
WD> Russia today needs to pay back $117 million. In theory that is
WD> such a small amount it should not be a problem.
WD> The problem is that the Russian government cannot redeem the
WD> dollar-denominated coupons of its dollar-denominated debt as
WD> a result of international sanctions without draining its foreign
WD> exchange reserves, which are largely frozen. Moreover, the
WD> sanctions make dollar payments by the Russian government almost
WD> impossible.
Can Russia pay his check saying "take the money from the frozen actives
if you want to get money"?
Bye, Ward!
Alexander Koryagin
fido.fidonews 2022
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