Fitch confirms Russia’s long-term rating at BBB, outlook Stable

MOSCOW, Aug 10 (PRIME) -- International rating agency Fitch has affirmed the long-term sovereign issuer default rating of Russia at BBB, the outlook is Stable, the agency said in a statement on August 7.

The short-term issuer default rating was affirmed at F2.

Finance Minister Anton Siluanov said that the confirmation underlines stability of Russia’s macroeconomics amid a turbulent external situation.

"We deem the confirmation decision of agency Fitch Ratings of the long-term credit rating of Russia on liabilities in foreign currency at BBB with a stable outlook as another sign that the macroeconomic foundation built in Russia maintains stability even in a turbulent external situation," the minister said.

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