Moody's warns of high inflation

16:06 - 28.04.2022


April 28, Fineko/abc.az. Rating agency Moody's has issued a warning in connection with the military actions in Ukraine.

ABC.AZ reports that according to the agency, the negative consequences of the war can lead to high inflation.

At that, the war could further increase social tensions.

Moody’s says that the Russian-Ukrainian war increases potential risks, while the impact of the current situation on the credit quality of countries may vary depending on the debt burden, solvency and political risks.

 

Other news