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
Russia: in January the seaports decreased grain shipment volumes
In 10 years, Russia to increase grain production by 15-20 mln tonnes — A.Tkachev
In February, grain exports through the Russian deep-sea ports to exceed 1.1 mln tonnes - Rusagrotrans
February 9, 17:15
On February 9, Russia purchased nearly 10 thsd tonnes of grains to the intervention fund
February 9, 15:20
Russia plans to significantly increase grain supplies to Egypt – Ambassador
February 8, 15:40
In the first week of February, Russia decreased grain export supplies from the seaports
February 8, 14:00
Russia exported nearly 22.5 mln tonnes of grains - Ministry of Agriculture
February 8, 09:35
In 2015, Russia exported over 21 mln tonnes of wheat – Federal Customs Service
February 5, 18:35
FAS Russia is against keeping the export duties on wheat
February 5, 10:50