Standard & amp; Poor’s said Tuesday it could lower the rating of Russia, it has maintained for the moment BBB-, due to the collapse of its currency and the “weak economy”.
The US rating agency noted “rapid deterioration” of the ruble and “the consequences of its economic weaknesses in its financial system.”
S & amp; P So instead of on negative watch rating and considers that there is an even chance that it lowers within three months. It even specifies that it should have reviewed all the necessary elements by mid-January.
If the rating is downgraded by one notch to BB + it happen, which would fall into the the category of speculative investments.
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