Sunday, September 18, 2016

Russia’s economic outlook revised to stable from negative

WASHINGTON (Sputnik) — US financial services company Standard and Poors (S&P) has upgraded Russia’s economic outlook to stable from negative, according to a release issued by the company on Friday.

"Russian Federation outlook revised to stable from negative on abating external risks; ratings affirmed," the release stated. S&P affirmed Russia’s foreign currency sovereign credit rating at ‘BB+’ and local currency rating at ‘BBB-’.

Read more: https://sputniknews.com/russia/20160916/1045385644/us-russia-outlook.html