Fitch downgrades Russia’s credit rating and says default is ‘imminent’ as sanctions take hold

Fitch downgrades Russia’s credit rating and says default is ‘imminent’ as sanctions take hold

March 9, 2022

This post was originally published on this siteFitch Ratings said it was downgrading Russia’s credit rating to “C,” junk status, from “B” and that “a sovereign default is imminent.”

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