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. ( (Reporting By Narottam Medhora)

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see
Comments (1)
crownretro wrote:
This load of rubbish from Moody’s, one of the most corrupt ratings agencies that AAA-stamped 10s of 1000s of structured investment junk during the sub-prime crisis? Paaalease! And the timing of this “ratings threat” is especially dodgy, considering Moody’s comes from the USA, the country currently waging a sanctions war on Russia.

Mar 28, 2014 9:22pm EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.