S&P Downgrades Russia's Rating Closer to Debt Default. The Agency Lowered ... - Latest Tweet by The Kyiv Independent

⚡️S&P downgrades Russia's rating closer to debt default.

The agency lowered Russia's rating from CCC- to CC as the country struggles to pay its debts on Eurobonds. Sanctions have reduced Russia’s foreign exchange reserves and restricted its access to the global financial system.— The Kyiv Independent (@KyivIndependent) March 18, 2022

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