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Russia curbs foreign debt
RBC, 19.11.2009, Moscow 16:15:29.Russia's foreign debt (including the liabilities of the former U.S.S.R. assumed by Russia) amounted to USD 38.36bn as of November 1, 2009, or EUR 25.655bn, the Russian Finance Ministry announced today. With this in mind, Russia's foreign debt shrank USD 33.7m, or less than 0.1 percent from October 1, 2009 when it stood at USD 38.7bn, and 6.3 percent compared to the figure as of January 1 of this year. The outstanding debt to member states of the Paris Club amounted to USD 1.8bn (EUR 728.6m), which is 22.84 percent lower than as of the beginning of this year. Meanwhile, debt to non-Paris Club creditors remained virtually unchanged at USD 1.858bn (EUR 1.253bn). Eurobond debt inched down 5.4 percent to USD 26.24bn or EUR 17.698bn.
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