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    • Russia makes Eurobond coupon payments in FX - settlement depository

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 01:44 PM ET 05/27/2022

      - Russia's National Settlement Depository on Friday successfully paid coupons in foreign currency on two Eurobonds, an NSD representative told Reuters, a move that could mean Russia may have again averted a default.

    • Russia makes Eurobond coupon payments in FX - settlement depository

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 12:13 PM ET 05/27/2022

      Russia's National Settlement Depository on Friday successfully paid coupons in foreign currency on Eurobonds maturing in 2026 and 2036, both of which were due on May 27, an NSD representative told Reuters.

    • Russian cenbank allows share purchases in companies from 'friendly' countries

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 09:17 AM ET 05/27/2022

      - Russia's central bank on Friday authorised Russian residents to buy shares in companies from "friendly" countries, provided the transactions were denominated in roubles or the currency of the foreign country.

    • Rouble extends losses after rates slashed; Eurobonds in focus

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 04:57 AM ET 05/27/2022

      -The Russian rouble extended its losses on Friday after plunging in the previous session as the country's central bank slashed interest rates, signalling more cuts, and the prospect of easing capital controls and a possible sovereign default hammered the currency.

    • Rouble extends losses after rates slashed; Eurobonds in focus

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 03:38 AM ET 05/27/2022

      The Russian rouble extended its losses on Friday after plunging the previous session as the central bank slashed interest rates, signalling more cuts to come, and the prospect of easing capital controls and a possible sovereign default hammered the currency.

    • White House expects minimal impact on U.S. and global economy from Russia default

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 04:30 PM ET 05/26/2022

      The White House said on Thursday it expects minimal impact on the U.S. and global economy from a Russia debt default. "We expect the impact on the U.S. and the global economy to be minimal, given Russia has already been isolated financially," White House spokesperson Karine Jean-Pierre said in a press briefing on Thursday.

    • Mastercard focuses on Southeast Asia, LatAm after India ban, Russia exit

      • BY Reuters|
      • Non-Eurozone , Russia , Asia-Pacific , India , Latin America |
      • 12:30 PM ET 05/26/2022

      Southeast Asia and Latin America are strong growth regions for Mastercard (MA) after its withdrawal from Russia in March and India's 2021 ban on it from issuing new cards, the company's co-president for international markets said.

    • Rouble slumps over 10% to near 2-week low as Russia slashes rates again

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 08:52 AM ET 05/26/2022

      -The Russian rouble slumped around 10% against the dollar in volatile trade to a two-week low on Thursday as the central bank cut interest rates to 11% and suggested more cuts would follow as inflation risks subside.

    • Mastercard shifts focus to Southeast Asia, LatAm after India ban, Russia exit

      • BY Reuters|
      • Non-Eurozone , Russia , Asia-Pacific , India , Latin America |
      • 08:39 AM ET 05/26/2022

      Southeast Asia and Latin America are strong growth regions for Mastercard (MA) after its withdrawal from Russia in March and India's 2021 ban on it from issuing new cards, the company's co-president for international markets said.

    • Rouble slumps over 10% to near 2-week low as Russia slashes rates again

      • BY Reuters|
      • Non-Eurozone , Russia |
      • 04:12 AM ET 05/26/2022

      The Russian rouble slumped around 10% against the dollar in volatile trade to a two-week low on Thursday as the central bank cut interest rates to 11% and suggested more cuts would follow as inflation risks subside.

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    News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

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