S&P reviewing Russia for ratings downgrade

Russia's ruble fell decisively last week, spurring the country's central bank to sharply raise interest ratesStandard & Poor’s announced Tuesday that it is considering a downgrade to Russia’s credit rating due to its economic troubles and a weakening financial system. Russia’s foreign-currency sovereign rating is currently BBB-, the lowest notch of investment grade. Tuesday’s review means there is at least a 50 percent chance of a downgrade, S&P said. Russia’s ruble fell decisively last week, spurring the country’s central bank to sharply raise interest rates.

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Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
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