Moscow-Sana
Russian Finance Minister Anton Siluanov stressed the importance of predicting the ruble exchange rate against foreign currencies and determining its parameters.
"Our exchange rate has stabilized and we are now taking all measures so that it can be predicted," TASS quoted Siluanov as saying today, adding that it is important to set the exchange rate parameters in a stable manner.
He noted that June payments under international bonds will be provided to foreign investors by a mechanism that bypasses Western sanctions, stressing that Russia will maintain its image as a reliable supplier and will fulfill obligations even under restrictions.
Siluanov had earlier pointed out that Russia would fulfill its financial obligations to holders of international bonds, Eurobond, using a mechanism linked to the payment in rubles, similar to the mechanism through which the price of Russian gas is paid in rubles.
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