Russia makes sovereign bond payments

Moscow’s Ministry of Finance says dollar payments on foreign bonds previously stuck by sanctions are progressing Russia has finally managed to make dollar payments on two foreign bonds after sanctions introduced on the country’s financial system over its offensive in Ukraine had been holding transactions up for weeks.

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Ruble hits two-year high against euro

The Russian currency also strengthened its position against the dollar, climbing back to pre-conflict levels The Russian ruble rose to its strongest position since March 2020 against the European single currency, paring some gains after the Bank of Russia cut interest rates.

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More EU nations reject Moscow’s gas-supply terms

Czech Prime Minister Petr Fiala said on Friday that Prague has no plans to pay for Russian gas deliveries in rubles, as demanded by Moscow. He was quoted by media after speaking at a joint press conference with his Polish counterpart, saying: “As for the ruble payment, the Czech Republic does not intend to give…

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