Moody's changes outlook on Russia's Ba1 government bond rating to stable from negative; affirms rating
New York, February 17, 2017-- Moody's Investors Service has today changed the outlook on Russia's Ba1 government bond rating to stable from negative. Moody's also affirmed Russia's government bond rating and issuer rating at Ba1 and the short term rating at Not Prime. The main driver for changing the outlook on Russia's Ba1 government bond rating to stable from negative is the government's enactment of a medium-term fiscal consolidation strategy that is expected both to lower...
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