3 ms·
That is not it at all, this last payment was about $100m and Russia as of the 17th* had $582b in reserves of foreign currency on hand in Russia proper. They cho
by mzs 4y ago
That is not it at all, this last payment was about $100m and Russia as of the 17th* had $582b in reserves of foreign currency on hand in Russia proper. They chose not to deplete that instead preferring to use accounts outside of Russia or to make the payment in rubles.
* https://www.cbr.ru/eng/hd_base/mrrf/mrrf_7d/ https://www.cbr.ru/eng/hd_base/mrrf/mrrf_7d/