FinMin: Russias ratings underrated.

By bne IntelliNews August 10, 2011
Press-release published by FinMin together with the budgetary strategy draft for 2012-2014 argues that Russias sovereign ratings are underrated. FinMin believes that current ratings (BBB/Positive by Fitch, Baa1/Stable by Moodys and BBB/Stable by S&Ps) are undervaluing Russias economy, deserving a higher rating. Ministry is going to create conditions for the revising the rating to A category.

Related Articles

Russias participation in Cyprus bail-out under question.

As Cyprus is trying to come up with new ways to raise EUR 5.8bn needed to secure the financing from ECB, EC, and IMF, Russia's participation in the package is not clear. According to the latest ... more

Fitch: Russian banks risks in Cyprus limited.

Fitch Ratings believes that resolution of the Cyprus crisis with a deposit levy or some other form of burden sharing involving creditors is unlikely to result in material losses for Russian ... more

Sources: Russia could triple oil exports to China.

Russia and China discuss contracts that would triple exports of Siberian oil through various transport corridors, Reuters reports citing unnamed sources in the industry. Rosneft is discussing ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss