YOUR GATEWAY TO INDONESIA AND SOUTHEAST ASIA
Search
xxx hd
No image

Russia to ignore Western sovereign credit ratings when lending

Moscow will no longer consider the assessments when making foreign loan decisions, effectively easing requirements for countries to borrow

The Russian government will no longer base its foreign loan decisions on credit ratings compiled by Western agencies and the Organization for Economic Co-operation and Development (OECD). A corresponding decree was signed by Russian Prime Minister Mikhail Mish