Russia’s foreign debt increased for the first time since mid-2022

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Russia’s external debt increased in October-December 2023 for the first time since the second quarter of 2022. writes about this RIA News After analyzing data from the Central Bank of Russia.

In the last three months of the year, the foreign debt of the Russian Federation increased by 1.3 percent, or 4.3 billion dollars, reaching 326.6 billion dollars.

At the same time, growth was recorded in all components: external public debt increased to $ 32.7 billion (+2.9%), liabilities of the real sector of the economy to non-residents – to $ 199.4 billion (+1.4%), external debt banking The share of the sector reached 94.4 billion dollars (+0.7%).

The main contribution to the increase in Russia’s foreign debt comes from the revaluation of the currency, says Evgeniy Mironyuk, stock market expert at BCS World of Investments.

“The dollar has weakened against the ruble, and in the fourth quarter the dollar fell by more than 4% against the euro and 3% against the yuan. “The existence of external liabilities in these currencies increased the debt in dollars,” he said.

Before reportedIt was stated that the European Union has accumulated a debt of over 7 billion Euros due to the supply of weapons to Ukraine.

Previously recognizedHe said that the European External Action Service has developed a new method of military aid to Kiev worth more than 20 billion Euros.

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