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A woman walks past a display showing currency exchange rates of the U.S. dollar and the euro against the Russian ruble in Moscow on Feb. 22. Russia owes over $100 million in interest payments for two bonds on Wednesday as fears grow that the country will default on its debt.

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Fears are growing that Russia will default on its debt. Here's what you need to know

Russia owes interest payments on two dollar-denominated bonds on Wednesday. If it doesn't pay, the country could go into default.

March 16, 2022

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By:

David Gura