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re: Russia slides into historic debt default as payment period expires

Posted on 6/27/22 at 10:02 am to
Posted by imjustafatkid
Alabama
Member since Dec 2011
51142 posts
Posted on 6/27/22 at 10:02 am to
quote:

wouldn't that depend on the wording of what constitutes legal tender?


You think the country of Russia entered into an agreement that doesn't consider the ruble to be "legal tender?"
Posted by Indefatigable
Member since Jan 2019
27477 posts
Posted on 6/27/22 at 10:32 am to
quote:

You think the country of Russia entered into an agreement that doesn't consider the ruble to be "legal tender?"

Yes. Nations do it all the time in international financing.
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