What's this? This is an unbiased just-the-facts news summary about Russia and Russia-Ukraine Conflict. To see the full newsline, click the red tabs below. Love news? Become a contributor now!

17 Oct, 2014

Credit rating cut to just above junk grade

RussiaRussia-Ukraine Conflict0 Comments

Moody’s Investors Service cuts its rating on Russian government debt to Baa2, the second ratings notch above speculative grade. The outlook on the credit rating is Negative. It cites ‘increasingly subdued medium-term growth prospects,’ exacerbated by the Ukraine crisis. Low oil prices and other factors also contribute.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments