Tougher U.S. sanctions would hurt Russia\'s credit profile - Moody\'s

Tougher U.S. sanctions would hurt Russia's credit profile - Moody's

Reuters  |  LONDON 

(Reuters) - on Friday became the latest major rating agency to warn that Russia's credit profile would be damaged if the introduces tough new sanctions against

"The most disruptive potential new sanctions could come from the U.S. legislature, where proposals have included sanctioning sovereign debt, state-owned financial institutions and the energy sector," Moody's, which currently has a "positive outlook" on its investment grade Ba1 rating, said.

The move follows a similar warning from last month which said it was likely to strip Russia's rating of its positive outlook if debt-focused sanctions were introduced by

(Reporting by Marc Jones; editing by Helen Reid)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 18 2019. 15:53 IST