Friday, March 4, 2016

The agency Moody’s willing to downgrade Russia – Rosbalt.RU


 International rating agency Moody’s put the credit rating of Ba1 Russia on review for possible reductions. The main reasons for a possible downgrade steel oil prices, the state of the Russian economy and the balance of payments.

«In the Moody’s review will assess the degree of influence of a further sharp fall in oil prices, which are expected to Moody’s, will remain low for several years on Russia’s economic performance and the balance of payments, including a lack of financing options for state obligations, in the coming years “, – analysts said the agency

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 According to Moody’s press-service, it will complete the review of Russian ratings for two months.

In February, Moody’s downgraded Russia’s GDP falling in 2016 to 2.5%. JPMorgan expects in 2016 reduction of Russia’s GDP by 1.5% at an oil price of $ 31 per barrel, economists polled by Reuters – 3% at a cost of raw materials $ 37 a barrel

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