Russia ahead of China in developing countries rating

Russia ahead of China in developing countries rating

Bank of America Merrill Lynch (BofAML) made a rating of of emerging markets, according to which Russia managed to surpass China for the first time.

South Korea is in the first place of this rating.

According to experts, even though right now Russia has a weak economic growth, its other financial indicators are at a great level. In addition, Russian economy was able to significantly reduce inflation.

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