Forex News
US considering move on Russian debt payments
2022.05.17 21:07
FILE PHOTO: Russian Rouble coins are seen in front of displayed U.S. Dollar banknote in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration
WASHINGTON (Reuters) – The United States is considering a move to block Russia’s ability to pay U.S. bondholders after a deadline expires next week, a U.S. administration official said on Tuesday.
Bloomberg News said the Biden administration is poised to make the move and that it could bring Moscow closer to the brink of default.
“It’s under consideration but I don’t have a decision to preview at this time,” the official told Reuters. “We are looking at all options to increase pressure on Putin.”
