Business News

Moody’s Withdraws All Credit Ratings on Russian Entities

Distressed Patriotic Flag Unisex T-Shirt - Celebrate Comfort and Country $11.29 USD Get it here>>


A Moody’s sign on the 7 World Trade Center tower is photographed in New York, on Aug. 2, 2011. (Mike Segar/Reuters)

Moody’s said on Thursday it has withdrawn all ratings on Russia and its rated Russian sub-sovereign entities.

The company said it had decided to withdraw the ratings for its own business reasons.

Last week, Moody’s had announced its intention to withdraw its credit ratings on the entities, following similar moves by Fitch and S&P Global Ratings.

Reuters

Follow



Source link

TruthUSA

I'm TruthUSA, the author behind TruthUSA News Hub located at https://truthusa.us/. With our One Story at a Time," my aim is to provide you with unbiased and comprehensive news coverage. I dive deep into the latest happenings in the US and global events, and bring you objective stories sourced from reputable sources. My goal is to keep you informed and enlightened, ensuring you have access to the truth. Stay tuned to TruthUSA News Hub to discover the reality behind the headlines and gain a well-rounded perspective on the world.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.