What Russia's default on foreign debt means

Russia has defaulted on its foreign debt after trying to pay in rubles instead of dollars, credit ratings agency S&P has said. This could impact borrowing costs, inflation, relations with investors and more. CNN’s Matt Egan reports.

(SOURCE) https://www.cnn.com/videos/business/2022/04/11/russia-default-foreign-debt-vpx.cnnbusiness

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