Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

The Fitch Ratings Agency Confirmed Russias Investment Rating at BBB Level
25.02.2019 01:06
The Fitch Ratings Agency Confirmed Russias Investment Rating at BBB Level

The Fitch Ratings international rating agency confirmed Russia’s investment rating at BBB level, with a positive forecast. “Russia’s ratings balance between a very strong sovereign balance, reliable external finances and reliable macroeconomic policies against a background of weaker growth prospects, high commodity dependence, weak management standards and geopolitical tension”, the report says.

      According to RBC, Russia has maintained this rating since 2017 and is on par with Cyprus, Hungary, Romania, India and Uruguay. As the agency notes, sanction risks reduce the level by one stage.

      At the same time, according to the analysts’ forecast, a double surplus of Russia, its low public debt and large foreign exchange reserves will allow the country’s economy to withstand new sanctions.


Author: Anna Dorozhkina

Tags: Russian business Russian economy    

Next Previous

You might also find interesting:

Russian IT Market is Growing
Large Foreign Companies Showed the Worst Results in Entering and Leaving the Russian Market in 2018
All Stores in Russia may be Obliged to Accept Bank Cards
The Vkusvill Chain of Stores is Discussing the Possibility of an IPO
The Tax Rate on the Property of Companies will Grow in Moscow

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
The Maly Drama Theatre  Russian history  Kirov  Leonid Desyatnikov  Mobile App  Rzhev  Pianists  Rosnano  Republic of Tatarstan  Kazan  Mercedes-Benz Fashion Week Russia  St. Petersburg  superconductors  Russian Painting  Gorky Park  Khimki Forest  Russian regions  Russian politicians  Pavel Lungin  Russian tourism  Nikolai Valuev  spacewalk  Norilsk Nickel  Russian Cinema  Evgeny Yakovlev  Russian Winter 2013  Kremlin  Yuri Gagarin  Krasnodar region  Russian law  economic crisis  Sortavala   Krasnoyarsk Museums  Moscow parks  Tatarstan  Russian Post  Festivals in Moscow  Russian Rock  Russian circus  ski jumping  Exhibitions in Moscow  Russian Internet  FIFA Russia 2018  Kyzyl  Bashneft  Museums of Russia  Filipp Malyavin  Heroism   Moscow  Russian business 

Travel Blogs
Top Traveling Sites