For the first time since the beginning of SMO, Russia has been assigned a sovereign rating abroad

For the first time since the beginning of SMO, the foreign agency CCXI (China Chengxin International Credit Rating) has assigned a sovereign rating to Russia. According to Vedomosti, we are talking about BBB+g with a stable prognosis, which is higher than before the start of the special operation.

Thus, analysts noted the country's successful adaptation to sanctions and resistance to geopolitical shocks.

"Such a rating means average economic and financial stability and the same risk of default," the source writes.

According to economists, this fact indicates that Russia has really turned to the East in the financial sphere.