Moody's upgrades Russia's rating to Baa3 with stable outlook

11.02.2019

Global ratings agency Moody's has upgraded Russia's rating to Baa3 with a stable outlook.

Moody's said in a report that Russia's rating was upgraded from Ba1 to Baa3, while the outlook was changed from positive to stable.

"The upgrade of Russia's ratings reflects the positive impact of policies enacted in recent years...