Other Stories

Full Video

Russia defaults on debt for the first time in a century Updated: 2022-06-27 17:45:48 KST

Russia has reportedly defaulted on its foreign-currency sovereign debt for the first time in a century.
Bloomberg reported Monday that Russia failed to make an interest payment of 100 million U.S. dollars by last Sunday.
The due date was initially May 27, but the payments have been delayed once with the given grace period of 30 days.
In response to the war in Ukraine, Western countries have frozen Russian assets through sanctions and removed Russian banks from the SWIFT international payment system.
However, according to Bloomberg, Russia has yet to declare the default.
Moscow says it's capable of covering the debt, but Western sanctions blocked it from making the payments.
KOGL : Korea Open Government License
본 저작물 중 본문에 해당하는 뉴스 스크립트(텍스트)는 공공누리 제1유형-출처표시 조건에 따라 이용할 수 있습니다.