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Monday, May 29, 2017

Fitch improved the Outlook for Russian rating to stable


International rating Agency Fitch Ratings on Friday improved the Outlook for the rating of Russia from “negative” to “stable”. Now the rating is confirmed at level “BBB-“. This is the last stage of investment level. The forecast applies to both the national currency and foreign.

The Minister of Finance Anton Siluanov has already announced that the Agency is satisfied with the decision of Fitch to improve the Outlook on the sovereign credit rating of Russia.

Siluanov added that in less than a month already the second Agency of the “big three” made a decision on increase of the forecast of the Russian ratings.

source

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