Site icon UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News

Russia says it may be forced to pay FX debt in rubles amid sanctions

The ministry says that it will issue payment orders to correspondent banks for making payments in foreign currency but the ability to proceed with those payments will depend on sanctions. If the foreign correspondent banks cannot make the payments, then the transaction will be conducted in Russian rubles instead.

www.forexlive.com

Exit mobile version