⚡️Bloomberg predicts that the default in Russia will take place this Wednesday. Foreign-currency debt of both the government and Russian companies reaches $150 billion, and default might be announced on Wednesday. Bloomberg expects three possible default scenarios:

📌Russia will pay the debt in dollars. It means that the debt crisis is averted until 4 April. 📌 Russia pays in rubles. But the payment on Wednesday will be considered made only if it is made in currency, otherwise it will mean a default. 📌 Russia does not pay at all. It will start a grace period of 30 days, after which a default will follow.

Source: Bloomberg
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