Russian Finance Minister Satisfied With Fitch Decision on Russia's Ratings

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The Russian Finance Ministry is satisfied with Fitch Ratings decision to improve the outlook for Russia’s long-term financial risk rating from 'negative' to 'stable' at ‘BBB-‘ investment level, Finance Minister Anton Siluanov told reporters.

MOSCOW (Sputnik) — Siluanov added that Fitch Ratings specifically emphasized that the Russian government had taken efficient measures that allowed the economy to adjust and domestic confidence to return gradually.

"It is the second ratings agency from the Big Three that has decided to improve Russia's rating outlook in the last month," the minister said.

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