The speaker does not expect the downgrade of the Russian Federation, Fitch next week

The speaker does not expect the downgrade of the Russian Federation, Fitch next week


The head of the Ministry of economic development Alexei Ulyukayev told journalists he did not expect the revision of the sovereign rating of Russia by Agency Fitch downgraded next week.

SIMFEROPOL, 9 Oct. The head of the Ministry of economic development Alexei Ulyukayev does not expect the revision of the sovereign rating of Russia by Agency Fitch downgraded next week.

“I hope not,” Ulyukayev said on Friday the journalists, answering the question of whether Fitch would revise October 16 sovereign rating of the Russian Federation to the downside.

International rating Agency Fitch in July maintained the rating of the Russian Federation at “BBB-” with negative Outlook, following a review. Thus, the rating remained at the lowest rung of investment grade. In October another review of the rating.