The international rating agency Moody’s retained Russia’s sovereign rating at the same level with a stable forecast. It is reported by RIA Novosti with reference to the release of analysts.
Moody’s today confirmed the issuer’s long-term rating and rating of the priority unsecured debt of the Russian government at the WA3 level, “the document says.
Head of the Russian Ministry of Finance Anton Siluanov stated that the decision to preserve the long-term rating of Russia testifies to the successful overcoming the Russian economy of the consequences of the crisis caused by the coronavirus pandemic. He recalled that two other agencies also previously confirmed the country’s rating, and only a few G20 states were able to avoid lowering credit ratings and deterioration of forecasts for them.