MOSCOW, October 26 (RIA Novosti) - International rating agency Moody's said Wednesday (Moscow time) it had raised Russia's foreign-currency country rating for bonds and the foreign- and local-currency rating of Russian government bonds from Baa3 to Baa2, with a stable outlook.
The ratings reflect a number of factors, including a very rapid and significant buildup in the government's foreign-currency and oil stabilization fund reserves, the agency said.
