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Fitch says a Russia debt default is imminent

Fitch says a Russia debt default is imminent

News
Eamonn Sheridan
08/03/2022 | 23:27 GMT
  • Fitch have cut Russia deeper into junk grade

Via Reuters, link here:

  • Fitch on Tuesday downgraded Russia's sovereign rating by six notches further into the junk territory to 'C' from 'B', saying a default is imminent as sanctions and trade restrictions have undermined its willingness to service debt.

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