Russia says sovereign bond payments are subject to sanctions

Russia’s sovereign debt bond is being paid to non-residents under Western sanctions, the country’s finance ministry said on Sunday, threatening a $ 10 billion technical deficit.The ministry said it would repay its sovereign debt in full and on time, but that it was based on Western sanctions against Russia over its invasion of Ukraine. A … Read more

FX, stocks weaken amid Russia-Ukraine tensions

Central European stocks and currencies weakened on Friday, as tensions eased in Russia and Ukraine and investors awaited clues from policy support from the US Federal Reserve. Warsaw (.WIG20) declined sharply in European and international markets by 1.7% and 1.7% as a result of the US Federal Reserve’s monetary policy and weak economic data. Shares … Read more