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Re: Russia has invaded Ukraine
https://t.co/bL0l8vcC53
Quote:
Moody's cuts Russia rating to Ca on rise in default risk
LONDON, March 6 (Reuters) - Moody's cut Russia's credit rating to Ca on Sunday, the second-lowest rung of its ratings ladder, citing central bank capital controls that are likely to restrict payments on the country's foreign debt and lead to default.
Moody's said its decision to cut Russia's rating was "driven by severe concerns around Russia's willingness and ability to pay its debt obligations".
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