Six powers ready to cooperate with Iran in peaceful use of nuclear energy — diplomatRussian Politics & Diplomacy April 25, 23:40
Confederations Cup: Russia vs Portugal match sold out, says FIFA secretary generalSport April 25, 21:20
Russian diplomat suggests UN should develop strategy to fight fake newsRussian Politics & Diplomacy April 25, 20:16
Putin backs creation of system to promote Russian goods on domestic marketBusiness & Economy April 25, 19:15
OSCE concerned over Russia’s declaring Jehovah’s Witnesses extremist organizationWorld April 25, 19:00
Russia to complete import substitution program for helicopter engines by 2019Military & Defense April 25, 18:39
Government is not going to reject floating ruble rate, Putin saysBusiness & Economy April 25, 18:10
Russian Navy rids itself of dependence on Ukrainian enginesMilitary & Defense April 25, 17:55
Ukraine's refusal to continue military cooperation prompts Russia to create new industriesMilitary & Defense April 25, 17:50
MOSCOW, July 4. /TASS/. International rating agency Fitch’s decision to confirm Russia’s rating at the investment level BBB-had been well expected, the director of the government debt and public financial assets department at the Ministry of Finance, Konstantin Vyshkovsky, has told TASS, adding it was a positive move.
"Everything is good. Just as we had anticipated," he said on Friday.
Fitch on Friday confirmed Russia’s investment rating at BBB-, outlook negative. Experts polled by TASS shortly before that said they expected precisely that decision by Fitch, the sole of the world’s largest agencies that still kept Russia’s rating at the investment level.
Originally, Fitch had the intention of revising Russia’s sovereign rating on April 17, but after a meeting with Finance Minister Anton Siluanov the agency’s experts refrained from instant decisions and took a pause for in-depth analysis of the situation in the Russian economy and finance. Siluanov then said the Russian Finance Ministry had not expected Fitch would reconsider the rating.
The two other agencies: Standard&Poor’s and Moody’s cut Russia’s rating to BB+ and Ba1 respectively.