Moody's places Russia's government bond rating on review for downgrade

March 28 Fri Mar 28, 2014 6:14pm EDT

March 28 (Reuters) - Moody's placed Russia's government bond rating of Baa1 on review for downgrade as the conflict with Ukraine weighs on medium-term economic outlook.

The rating agency said the Ukranian crisis could significantly hurt investor sentiment, already dampened by weak rule of law and high levels of corruption. (link.reuters.com/tar97v) (Reporting By Narottam Medhora)