S&P confirms Russia’s long-term foreign currency rating as BBB-

19/03/2016

Standard & Poor'sStandard & Poor’s this week confirmed Russia’s long-term foreign currency rating at BBB- and its sovereign credit rating at BB+. The agency also kept the country’s short-term foreign currency rating at B and rouble’s at A-3, and is also forecasting the GDP will decline by 1.4% this year and grow by an annual average of 0.5%between 2016 and 2019.

Source: ITAR-TASS