S&P Cuts Russia's Foreign Currency Rating to 'selective Default,' Saying Russia ... - Latest Tweet by The Kyiv Independent

⚡️ S&P cuts Russia's foreign currency rating to 'selective default,' saying Russia was unlikely to honor its obligations to foreign bondholders.

In April Russia made Eurobond payments in rubles instead of dollars. S&P believes bondholders are unlikely to convert them into $.— The Kyiv Independent (@KyivIndependent) April 9, 2022

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