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flag Russia’s external debt hit $61.9 billion by Feb. 1, 2026, its highest since 2006, due to currency shifts and new borrowing.

flag Russia’s external state debt rose to $61.9 billion by February 1, 2026, its highest level since 2006, driven by currency revaluation and new borrowing, according to the Ministry of Finance. flag The total external debt increased by $30 billion, or 10.4%, over the past year, reaching $319.8 billion. flag Officials maintain the debt remains low relative to GDP, with Finance Minister Anton Siluanov stating the government aims to keep it below 20%. flag The rise comes amid declining energy revenues and ongoing geopolitical challenges.

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