Russia to service foreign debt in roubles if other options blocked – finance minister

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(Reuters) – Russia will service its external debt obligations in roubles if the United States blocks other options and will not call itself in default, Finance Minister Anton Siluanov said. Washington is considering blocking Russia’s ability to pay its U.S. bondholders by allowing a key waiver to expire on May 25, which could put Moscow closer to default. Moscow is due to make another Eurobond payment on May 27. “We are not going to call any defaults, we have money – unless Western countries make it impossible to service our debts,” Siluanov told a forum. “We will be able to pay and will pay f…

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