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Moody's raises Russia’s sovereign rating up to Ba1

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Moody's raises Russia’s sovereign rating up to Ba1


26.01.2018

International rating agency Moody's included into the Big Three Rating Agencies has improved the outlook of the prioritized unsecured debt of the Russian Federation, TASS reports. Current outlook has changed from stable to positive at Ba1 grade. Experts explain that the improvements in our country’s positions are caused by increase of institutional evidence. Besides, they note there are improvements of economic and fiscal stability. 

Moody's has raised outlook of exchange obligations of the county, debts and deposits in native currency. At this, the peak of the country’s rating of deposits in foreign currency was kept on the same level. Moody’s comments that at present national macroeconomics has been improved in the middle-term perspective, compared to the moment when the rating changed from negative to stable.
Note that it happened two years ago. Specialists of the rating agency remark that forecasts have undergone changes at the background of stabilizations in international investment politics due to corrections of national currency rates.

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