– Fitch has downgrades Russia’s rating from BBB to BBB-, negative outlook (Itar Tass, Jan 10, 2015):
LONDON, January 10. /TASS/. The international rating agency Fitch said on Friday it had downgraded Russia’s long-term rating from BBB to BBB-, negative outlook.
“Fitch Ratings has downgraded Russia’s Long-term foreign and local currency Issuer Default Ratings (IDR) to ‘BBB-‘ from ‘BBB’. The issue ratings on Russia’s senior unsecured foreign and local currency bonds have also been downgraded to ‘BBB-‘ from ‘BBB’. The Outlooks on the Long-term IDRs are Negative. The Country Ceiling has been lowered to ‘BBB-‘from ‘BBB’. The Short-term foreign currency IDR has been affirmed at ‘F3’,” Fitch said in a statement.