Russian financial markets saw a muted reaction on Jan. 27 after ratings agency S&P downgraded the country's sovereign credit rating to 'junk', with the rouble strengthening and Moscow-listed shares broadly steady.
Russia's War Against Ukraine
Reuters: Market reaction muted after S&P drops Russia to ‘junk’
Pro-Russian rebels patrol their sector of Eastern Ukraine near the town of Yenakiyevo, east of Donetsk, on Dec. 31, 2014.
