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

Fitch Upgraded Russia's BBB- Rating
September 23, 2017 15:49


Western sanctions against Russia, even if tightened, will not affect the financial flexibility of the country, the director of the analytical group on sovereign ratings agency Fitch, Eric Arispe, said. "Undoubtedly, they may affect the lower level of growth, but for us it is important that the sanctions do not affect the access of the sovereign to financial markets," he said. Russia has the potential to raise the rating of "BBB-", he noted.

"Russia is the first sovereign that received the Fitch rating, which changes the trend of expectations in the credit cycle, that is, the rating not only stabilized, but also reveals the potential for improvement. This is reflected in a positive outlook," he explained.

On September 22, Fitch upgraded Russia's BBB- rating from stable to positive. This rating corresponds to the lowest level of the investment category.

The same day, the Head of the American Chamber of Commerce in Russia (AmCham), Alexis Rodzianko, said that US sanctions against Russia would last longer than the term of powers of President, Donald Trump. Probably, they will remain in force with the next two or three presidents.


Author: Anna Dorozhkina


Next Previous

You might also find interesting:

Russias WTO Bid Ukraine and Russia have agreed upon gas supplies Sochi 2014 International Investment Forum: Stats & Figures Russia Should Increase Grain Production Up to 150 Million Tons Top 3 Videos From Russia

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share


search on the map
Linkin Park  Russian gas  Moscow  Russian business  Lola Lonli  Murmansk Region  Vologda  Starotobolsky Highway  recruitement in Russia  Exhibitions in Moscow  satellite  Mercedes-Benz Fashion Week Russia  Constructivism  Yoshkar-Ola  Proton  Tretyakov Gallery  parks of Perm  Gazprom Neft  Dmitry Livanov  Master-Bank license  Russian pharmacies  Museums of Russia  Tourism and hospitality Forum   Kemerovo Region  Treasures  Olympics 2012  St. Petersburg  Russian history  Russian directors  The Universiade Museum   Pushkin Museum of Fine Arts  Russian Literature  cinema industry  Sochi 2014  Russian political parties  Republic of Bashkortostan  Dmitry Khvorostovsky   Tomsk  Russian Rock  Noah's Ark  GULAG  Sochi National Park   Russian Prisons  Pancakes   Russian tourism  Russian Antiquity  Russian Cinema  society  Archeology  Russian media 

Travel Blogs
Top Traveling Sites