29 Dec 2010 11:14

Russian govt approves borrowing limit for 2011

MOSCOW. Dec 29 (Interfax) - The Russian government has approved the limit on sovereign borrowing in 2011, in two resolutions approved on December 27.

The Finance Ministry is authorized to issue ruble-denominated state securities totaling no more than 1.7448 trillion rubles in 2011.

The limit on external obligations next year is $7 billion.