Tuesday, December 14, 2010

Fitch rates Russia credit rating Outlook

<P> International credit rating agency Fitch 22, announced the increase of Russia's sovereign credit rating outlook. .Russian Deputy Prime Minister and Finance Minister Alexei Kudrin welcomed, saying it is the area of the Russian economy, "a major achievement." .</ P> <P> Kudrin said at a day, "Russia and the world: the challenge of the new decade," said an international seminar, Fitch raised Russia's credit rating outlook shows that the measures taken by the Russian government is correct. .He said that Russia is now the trust of the international community, which is guaranteed to attract new investment, but also demonstrate the stability of the Russian banking system. .</ P> <P> 22, Fitch announced, the Russian sovereign credit rating outlook from "negative" to "stable", while Russia confirmed this, the long-term foreign currency issuer default rating to "BBB", short-term issuer default .rating of "F3". .Notice that the rise in oil prices, the private sector flow of capital, degree of recovery of economic activity, inflation, budget deficit reduction and lower than expected, these factors have contributed to Russia's rating outlook Fitch will increase the "stability." .</ P>.

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