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  Wednesday, June 26, 2019
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The Moody's transnational rating agency has raised Moscow and St. Petersburg ratings to the Baa3 investment level
The Moody's transnational rating agency has raised Moscow and St. Petersburg ratings to the Baa3 investment level, and upgraded six Russian provinces, the agency announces on its website. The Fitch points out Russian macroeconomic indices improving. Moscow had its emitter's credit rating for loans in Russian and foreign moneys up from Ba1 to Baa3-same for Eurobonds, with stability forecasts. St. Petersburg came from Ba2 to Baa3 in emitter's credit rating for loans in Russian and foreign moneys, with positive forecasts. The Samara Region on the Volga came up from Ba2 to Ba3 in emitter's credit rating for foreign currency loans, with stability forecasts. The Perm Region, in the Urals, came to Ba1 from Ba3 in emitter's credit rating for loans in Russian and foreign moneys, with stability forecasts. The same concerned the oil-rich Bashkortostan. Its domestic debt rating came up from Ba3 to Ba1. Tatarstan also came to Ba1 from Ba3 in emitter's credit rating for loans in Russian and foreign moneys, with stability forecasts. The Komi Republic emitter's credit rating for foreign currency loans was upgraded from B1 to Ba3, with stability forecasts. The Moscow Region came up from B2 to Ba3 in emitter's credit rating for loans in Russian and foreign moneys, with stability forecasts
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