Fitch sees US sanctions against Russian state debt as unlikely

MOSCOW, Sep 25 (PRIME) -- International rating agency Fitch does not consider U.S. sanctions against Russia’s state debt and prohibition of settlements in U.S. dollars by Russian banks as probable, as seen by PRIME in a presentation of the head of Fitch Ratings Sovereigns group Erich Arispe on Tuesday.

The analyst also said that the possibility of new tougher U.S. sanctions increased posing risks to investment flexibility, access of private companies to the global debt market and growth prospects, as well as a risk of macroeconomic volatility.

In August, U.S. anti-Russian sanctions over Moscow’s alleged involvement in the March poisoning of the Skripal family in the U.K. came into force. The second package of sanctions that can affect the domestic state banks may be introduced in November.

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