Russia is on the brink of a historic debt default as the payment deadline expires – CNBC

Russian Finance Minister Anton Siluanov (seen here with Russian President Vladimir Putin in 2019) reportedly told the Russian newspaper Vedomosti that Moscow would continue to service foreign debts in rubles, but foreign Eurobond holders would have to open ruble and hard currency accounts in Russian banks to receive payments. Mikhail Svetlov News Getty Images | …

Russia is on the brink of a historic debt default as the payment deadline expires – CNBC Read More »