This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEI1P03O_L.jpgRussia’s invasion of Ukraine triggered a flurry of credit rating moves on Friday, with S&P lowering Russia’s rating to ‘junk’ status and Moody’s putting it on review for a downgrade to junk.
The finance ministry said in a statement that Russia remained financially stable and would continue following prudent financial and budget policy.