Former finance minister disagrees with Moody’s downgrading Russia to junk status

Former finance minister disagrees with Moody’s downgrading Russia to junk status

 

Former finance minister disagrees with Moody’s downgrading Russia to junk statusAlexei Kudrin, the former Russian finance minister said that Moody's downgrading of Russia's rating to junk status is hard to explain. He believes it was a politically motivated decision.Moody's, the second world rating agency after Standard&Poor, downgraded Russia's rating in connection to events in Ukraine and anti-Russian sanctions.


Alexei Kudrin, the former Russian finance minister said that Moody's downgrading of Russia's rating to junk status is hard to explain. He believes it was a politically motivated decision.
Moody's, the second world rating agency after Standard&Poor, downgraded Russia's rating in connection to events in Ukraine and anti-Russian sanctions.

 

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