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21/03/2014
12:37
Fitch, S&P downgrade Russia's outlooks

Fitch Ratings revised the Outlook on Russia's Long-term foreign and local currency Issuer Default Ratings (IDR) to Negative from Stable and affirmed the IDRs at 'BBB', the rating agency informed.

The revision of the Outlook to Negative reflects the potential impact of sanctions on Russia's economy and business environment.

Earlier, international rating agency S&P revised the outlook on Russia's 'BBB+' long-term foreign and local currency rating to negative from stable referring to growing geopolitical and economic risks

"AK&M", 21.03.2014

 

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