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View Full Version : Russia Plans to ‘Live Through’ 2009 Without Borrowing - Bloomberg



NewsWhore
02-26-2009, 08:40 AM
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Russia Plans to ‘Live Through’ 2009 Without Borrowing (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaO_dqQltmMbs%26refer%3Dhome&cid=1308613869&ei=UZymSffSCeGPmAe1pfmZBA&usg=AFQjCNFlMUtdoY1kpvZCv1F8uWZtj2NkNQ)
Bloomberg
Russia’s sovereign debt rating was cut by Standard & Poor’s and Fitch Ratings to their second-lowest investment grades as the central bank spent more than one-third of its foreign currency reserves since August to stem the ruble’s 34 percent decline ...


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