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Fitch confirms Russia's low investment grade rating with negative outlook
Monday, July 25, 2016 8:37
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The Fitch international credit rating agency has left Russia's issuer default ratings at the lowest investment grade at 'BBB-', affirming a negative outlook.
The move came after a review of the sovereign rating criteria last Monday, according to the agency.
The issuer default ratings (IDR) indicate an entity's relative vulnerability to default on financial obligations. These include rated entities in different sectors, sovereigns and insurance companies as well as financial and non-financial corporations …. https://www.rt.com/business
Source: http://luismmx.blogspot.com/2016/07/fitch-confirms-russias-low-investment.html
