#Ukraine: Russian sovereign debt countdown to May 4. Michael Bernstam, @HooverInst SLS delayed again

Apr 21, 2022, 01:10 AM
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Photo: Late in the Soviet Union, the exchange rate set by the government was around 10 rubles to the dollar (black market, very common, was 20 to a dollar).   
Today, it's fallen to close to penny, with major debts due on May 4.

#Ukraine: Russian sovereign debt countdown to May 4. Michael Bernstam, @HooverInst

Michael Bernstam @HooverInst , research Fellow at the Hoover Institution,