Reuters: The United States will ban Russian dollar payments on public debt

Reuters: the United States will ban Russian dollar payments on public debt

Reuters reports on the obstacles that the Central Bank may face.

The US Treasury announced the introduction of a new package of anti-Russian actions in the near future.

According to the agency, the administration will increase economic pressure on the Russian Federation by introducing a ban on paying government debt in dollars that are placed in US banks.

According to Reuters, the sanctions already in force blocked access to the assets of the Central Bank, but in fact Russia had access to these funds.

For example, the Central Bank could use the funds to pay off the public debt, which is made in dollars.

However, it was announced the day before that Russia would not be able to take advantage of such an opportunity anymore.

The choice offered by the US department is between financing a military special operation in Ukraine and paying off the national debt.

Earlier, the Ministry of Finance stated that the debt will be paid in full and on time.

In order to execute orders on Eurobonds, the agency intended to do this through payment orders to agent banks.

In fact, the media explains, whether Russia will have the opportunity to pay will depend on how serious the sanctions will be for the Central Bank.

If the foreign correspondent bank is unable to fulfill the payment order, it will be withdrawn, and the Russian financial department will make a ruble payment taking into account the exchange rate of the Bank of Russia at the moment.

Earlier, Topnews wrote that Biden, after Bucha, again spoke rudely about the Russian president and announced new sanctions.

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Источник topnews.ru

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