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Moody's ups Russia's outlook to positive

Jan. 26, 2018 5:28 AM ETRSX, ERUS, RSXJ, RUSL, RUSSBy: Yoel Minkoff, SA News Editor2 Comments
  • Russia's credit profile has been lifted by Moody's Investors Service, days ahead of the expected release of a U.S. Treasury report discussing debt sanctions.
  • Citing "institutional strength and increased evidence of economic and fiscal resilience," the agency raised the country's outlook to positive from stable, but kept its long-term rating one notch below investment grade at Ba1.
  • ETFs: RSX, RUSL, RUSS, ERUS, RSXJ

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