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News Link • Economy - International

Moody's downgrades Russia to Baa2

• Reuters

Moody's Investors Service cut Russia's sovereign debt rating to 'Baa2' from 'Baa1', becoming the second ratings agency to cut the country's ratings this year, after S&P initiated a downgrade in April.

Moody's said the prolonged crisis in Ukraine was weighing on Russia's medium-term growth prospects. ...

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