The change comes less than a week after Fitch revoked Russia's investment-grade status, slashing its rating to"B"from"BBB".The change comes less than a week after Fitch revoked Russia's investment-grade status, slashing its rating to"B"from"BBB".
The rating firm pointed to Presidential decree, which could potentially force a redenomination of foreign-currency sovereign debt payments into local currency for creditors in specified countries. On March 16, Russia is due to pay $107 million in coupons across two bonds, though it has a 30-day grace period to make the payments.
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Fitch is back😂😂
Hayi suka these rating agencies are a scam
Aaah you think puting cares
Willingness or ability to service the debt?