CNN CNN Newsroom Live March 15, 2022 08:25:00
Dollars. it can't pay it back in another currency but russia now says that it will repay investors from unfriendly countries, quote, unquote, unfriendly that have sanctioned russia in rubles and different currencies. now russia has a total of $121 billion worth of debt that's due in various different countries, but this particular payment it has to make in u.s. dollars f. it doesn't make in dollars and it makes it in rubles, it will be deemed to be in default of its debt. interest rates could spike and this could push the russian economy further into the doll drums. one of the reasons they say...