Russia’s total external debt has fallen by 1.8% in the first quarter of the year, and was worth $459.3 billion as of April 1, data from the central bank shows.
The size of the country’s foreign debt has dropped by $8.6 billion, “mainly due to decrease in liabilities of other sectors on external loans, as well as a decrease in portfolios of non-residents in sovereign securities,” the regulator said.
The nation’s foreign debt totaled $470.1 billion as of January 1. It has been dropping since mid-2014, when it reached its peak of around $733 billion in the wake of US and EU sanctions.
At the same time, Russia has been boosting its foreign reserve holdings, which stood at $574.8 billion as of April 2. The holdings, which are highly liquid foreign assets comprising stocks of monetary gold, foreign currencies, and Special Drawing Rights (SDR) assets, have been steadily growing in recent years and are higher than the half-trillion-dollar target set by the central bank. Despite the coronavirus pandemic, the reserves surged by over $40 billion last year.
Russia’s total external debt has fallen by 1.8% in the first quarter of the year, and was worth $459.3 billion as of April 1, data from the central bank shows. Read Full Article at RT.com Read More
In a new nationwide online poll conducted by John Zogby Strategies, 32% of respondents said they believe Dr. Anthony Fauci has the “pharmaceutical industry’s best interest at heart,” not the public’s. Among three specific groups, the percentage was even higher: 18- to 29-year-olds (41%), Hispanics (42%) and Blacks (38%). Between Dec. 14, 2020, and March […]
Trudeau has referred to swastikas intimating that the Freedom Convoy organizers are supportive of Neo-Nazi symbols. The media has gone into high gear: “Canada needs an explicit ban on swastikas and other “loathsome” hate symbols, says one NDP MP. NDP House Leader Peter Julian says he is looking at reintroducing a private member’s bill that aims […]
Russian foreign ministry spokeswoman said that the EU has been reduced to the status of NATO’s ‘economic department’. Russia’s foreign ministry spokeswoman commented on remarks by Brussels’ top diplomat. The European Union has devolved to the level of “NATO’s economic relations department,” Russian Foreign Ministry spokeswoman Maria Zakharova claimed on Saturday. Following his visit to […]
