Time and money are largely interchangeable terms. - Winston S. Churchill

Stock Exchange

Russia's foreign debt has fallen to its lowest in 15 years - Frank RG

Photo by Brian Garrity / Unsplash

Debt decreased by $34 billion compared to the previous quarter. It now totals $436.8 billion of which:

Government agencies - $67.4 billion.
Banks and the Central Bank - $105.6 billion.
Debt of other sectors of the economy - $263.8 billion.

Russia has increased the repayment rate of its debt to non-residents. Thanks to this indicator reached its lowest level since 2007.

Read next

Indian companies swap dollars for Asian currencies to buy Russian coal - Reuters

Indian companies swap dollars for Asian currencies to buy Russian coal - Reuters

India has increased imports of Russian coal, customs data for June show that payments made without the use of U.S. dollars have become commonplace. Thus, trade in Chinese yuan and Emirati dirham is becoming more and more popular.

Currency pairs rise in price on the Moscow Exchange

Currency pairs rise in price on the Moscow Exchange

The euro adds nearly 3% to the ruble. However, it is worth noting: the ruble exchange rate on the Moscow Exchange is very volatile. Today's rise in the currency does not necessarily mean a trend reversal.

Tesla Shares Shocked: Quotes Fall 10%

Tesla Shares Shocked: Quotes Fall 10%

Investors are pondering how Musk will pay for his Twitter purchases. According to Bloomberg, Musk has only $2 billion in cash. Market participants assume that Musk will have to sell Tesla stock.