Wednesday, December 24, 2014

Russian authorities are in talks with the international rating agencies – Radio

Russian authorities are in talks with the international rating agencies – Radio

The Russian authorities are in talks with the international rating agencies, announced its intention to review the credit ratings of the country. According to Finance Minister Anton Siluanova Russian authorities explain the international rating agency policies and their economic situation in the country, reports BBC Russian.com. “We say that yes, indeed, we had a stressful excitement in the foreign exchange market, yes, indeed, a large increase in the cost of borrowing in the interbank market. But it was a surge, now these effects are offset … We already happened comforting roar of money, rates are reduced on the interbank market, the currency calmed down, “- said Siluanov. The minister claims that Russia will remain creditworthy even at an oil price of $ 60 per barrel. International rating agency Standard & amp; Poor’s placed on review for possible downgrade the sovereign ratings of Russia on foreign currency borrowings. Russia’s ratin g according to international agencies Fitch and Moody’s is now two notches above “junk” (speculative). Fitch agency plans to revise Russia’s rating in January 2015.

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