Credit rating of Russia improved

26 February 2018, Monday

Standard&Poor’s international rating agency improved credit rating of Russia up to BBB investment level. Previously the country was assigned the so called speculative BB+ level. The agency changed its rating forecast from positive to stable.

At the same time, the other major global rating agency Fitch, that during the last 3 years has not been decreasing rating of Russia below the investment level, confirmed their assessment - BBB with a positive forecast.

The largest agency, Moody’s, has not changed the rating till present: on January 26, they improved their forecast for   sovereign rating of Russia from stable to positive, and confirmed Ba1 level. This rating is non-investment.