Bond Default Would Make It Harder For Russia To Find Lenders -U.S. Treasury Official

Bond Default Would Make It Harder For Russia To Find Lenders -U.S. Treasury Official

By David Lawder WASHINGTON (Reuters) – A default on Russia’s sovereign debt would add further pain to Russia’s economy and financial system, making it harder for Moscow to find new lending sources and raising future borrowing costs, a U.S. Treasury official said on Monday. The official told Reuters the Treasury believes there are limited direct…

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