The International Rating Agency Standard & Poor’s has affirmed the long-term credit rating of Moscow at ‘BBB’ level, and the rating on the national scale ‘ruAAA’ has been also affirmed with the stable outlook, reports RIA News, referring to the agency.

The Moscow rating coincides with the Russia’s rating (‘BBB’) and reflects the status of the Russian economic, administrative and finance center, says the report.

The agency has been also affirmed the long-term credit rating of St. Petersburg at the level ‘BB+’ and the rating at the national scale ‘ruAA+’ with the stable outlook.