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Hot Topic Hawke’s Bay
General Business
2 mins to read
1

Russian debt default 'imminent' - Fitch

Ratings agency downgrades Russian sovereign debt to 'C'.

NBR staff
 Wed, 09 Mar 2022

Ratings agency Fitch has downgraded Russia’s sovereign debt to ‘C’, saying the country is in “imminent” risk of default.

In a ratings action issued overnight, Fitch said developments since its last downgrade on March 2 had “further undermined Russia's willingness to service

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NBR staff
 Wed, 09 Mar 2022
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