Tag: roubles

Russia may be in ‘default’ after paying foreign bonds in roubles – ‘End of grace period’

Russia may be in ‘default’ after paying foreign bonds in roubles – ‘End of grace period’

The statement comes as one of the starkest consequences to date of Moscow’s exclusion from the Western financial system since President Vladimir Pu [...]
Putin threatens to turn off the gas if not paid in roubles

Putin threatens to turn off the gas if not paid in roubles

Britain insists it will not pay in roubles but Downing Street fears the Russian president's threat could hit European allies and raise wholesale pr [...]
UK gas prices SOAR as Putin demands 'unfriendly' countries must now pay in roubles

UK gas prices SOAR as Putin demands 'unfriendly' countries must now pay in roubles

The move comes as international sanctions have started to take effect on the Russian economy, leaving Putin using the resource as leverage. The new [...]
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