Russian companies will have to carry out net foreign debt repayments of $12.6 billion in the second quarter and $9.4 billion in the third quarter, the Russian central bank said on Friday, Trend reports with reference to Reuters.
Foreign debt is in focus as repayments of such liabilities may spur demand for foreign currency and hit the Russian currency. Russia’s total external debt shrank in the first quarter to its lowest level since 2009.