City
Epaper

Russia's external debt hit 15-yr low in 2022

By IANS | Updated: March 30, 2023 12:05 IST

Moscow, March 30 Russia's external debt fell to $380.5 billion in 2022, its lowest level in 15 years, ...

Open in App

Moscow, March 30 Russia's external debt fell to $380.5 billion in 2022, its lowest level in 15 years, the central bank said.

According to a document published on the website of the Bank of Russia, the country's external debt in 2022 decreased by 21.1 per cent, or $101.8 billion, to its lowest level since 2007, reports Xinhua news agency.

The fall of 21.1 per cent was the largest since 2014, when Russia's external debt decreased by $129 billion.

"The external debt of the Russian Federation decreased mainly due to the repayment of loans, including within the framework of direct investment relations, and the reduction of debt on sovereign securities," the bank said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: RussiaXinhuaMoscowBankReserve bank of in diaRiversIbhRussian parliamentPakistan russiaMoskva
Open in App

Related Stories

NationalAmbedkar Jayanti 2025: What’s Open and What’s Closed on April 14?

MaharashtraMaharashtra-Russia to Jointly Develop Thorium Reactors

NationalSBI Down: State Bank of India Customers Face Difficulty In Availing Mobile Banking, Fund Transfer Services

NationalBank Holidays in April 2025: Banks To Remain Closed on THESE Days; Check Full List

MumbaiMumbai: Business Partners Dupe Bank of ₹1.2 Crore Using Fake Property Documents, Case Registered

Politics Realted Stories

Maharashtra'Unity Not Just for Elections': MNS Leader Sandeep Deshpande on Possible Thackeray Alliance

PoliticsMurshidabad Violence: Shehzad Poonawalla Slams Yusuf Pathan Over Tea Post, Says, “As Hindus Get Slaughtered…”

PoliticsTamil Nadu Assembly Elections 2026: BJP-AIADMK Join Hands, Palaniswami To Lead Alliance, Says Amit Shah

Politics‘No Injustice to Muslims’: Shiv Sena Leader Manisha Kayande Slams Opponents of Waqf Amendment Bill

NationalParliament Passes Waqf Amendment Bill: Two JDU Leaders Resign Over Party's Support