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:

Non-cash Tips in Moscow
Ministry of Agriculture will Support Regional Product Brands
Yandex Ranked Among the Fastest Growing Companies in the World
The Share of Small and Medium-sized Businesses in the Economy Decreased
The Venture Capital Market in Russia Decreased by 35% in the First Half of 2019

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
wildfires  Japan  Fyodor Tyutchev  Bicycle flash mob  Moscow actions  Russian economics  Russian Metro  Exhibitions in Moscow  Charity  travel to Russia  Edgar Degas  Moscow  Russian figure skating  Sochi 2014  Mosque  Mercedes-Benz Fashion Week Russia  Global Warming Effect  Russian opera singers  Russian business  Emperor Paul  Russian writers  Art Exhibitions  South Stream  Russian science  Ilf and Petrov  Treasures  New Moscow Museums  Yuri Gagarin  Khvalynsk  Moscow planetarium  Vologda region  Russian legislation  Soviet Film Actresses  Perm Krai  Russian Cinema  Russian opposition activists  Trofim Borisov  Russian Photographers  Russian sacred places  Russian tourism  St. Petersburg  Murmansk  Exhibitions in Vladimir  Khabarovsk  iPhone  Yaya  Russian regions  Russian shops  Festivals in Moscow  Russian beaches 

Travel Blogs
Top Traveling Sites