Moody's places Russia's government bond rating on review for downgrade

by Reuters
Friday, 28 March 2014 22:14 GMT

March 28 (Reuters) - Moody's placed Russia's government bond rating of Baa1 on review for downgrade as the conflict with Ukraine weighs on medium-term economic outlook.

The rating agency said the Ukranian crisis could significantly hurt investor sentiment, already dampened by weak rule of law and high levels of corruption. ( (Reporting By Narottam Medhora)

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