S&P improves outlook on Russia’s sovereign rating to positive
MOSCOW, Mar 17 (PRIME) -- International rating agency S&P has improved its outlook on Russia’s sovereign rating, currently at BB+, to positive from stable, the agency said in a statement on Friday.
The revision reflects expectations that Russia’s gross domestic product (GDP) dynamics will come back to a positive range and that the Russian economy will continue its adaptation to relatively low oil prices, while the state debt level is expected to remain low in 2017–2020, the agency said.
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17.03.2017 19:58