S&P lowered the foreign currency rating of Russia to 'BBB-', outlook – negative
The international rating agency Standard & Poor's lowered its long- and short-term foreign currency sovereign ratings of the Russian Federation to "BBB-/A-3" against the previous index of "BBB/A-2", the rating outlook is negative, informed the press-release of the Agency on April 25.
In addition, the long-term local currency sovereign rating was reduced to “BBB” from “BBB+”. While the short-term local currency sovereign rating was affirmed at “A-2”.
The reporting rating actions reflect deteriorating of the external financing conditions for the Russian economy, noted Standard & Poor's.
You should be authorized to post comment
In the fourth week of June, Russia increased grain export supplies from the seaports
In 2016, Russia to supply nearly 0.5 mln tonnes of grains to China – A.Tkachev
Russia exported over 33.5 mln tonnes of grains - Ministry of Agriculture
June 24, 17:20
Russia started harvesting grains - Ministry of Agriculture
June 23, 11:20
Russia: losses of winter crops areas totaled 209 thsd ha - Rosstat
June 22, 17:10
In January-April, Russia exported over 10 mln tonnes of cereal crops - Rosstat
June 22, 10:40
In the first month of the new season, Russia to export 2.6-2.7 mln tonnes of grains - Rusagrotrans
June 21, 17:00
Crimea started harvesting grains
June 21, 16:25