Anton Siluanov , Minister of Finance of the Russian Federation: “The decision to lower the rating of the Russian Federation demonstrates excessive pessimism agency S & amp; P. It does not take into account a number of factors that characterize the strengths of the Russian economy ».
Among the indisputable advantages of Russia in the current macroeconomic environment minister called accumulated large international reserves, including sovereign wealth funds, the current account surplus and low public debt. Siluanov added that in general, the Finance Ministry sees no reason to dramatize the situation.
Anton Siluanov : «Speaking about the origin of the formal reason for exit of foreign investors from Russian assets is not necessary. There is no reason to expect a mass filing creditors for early repayment of debt obligations of Russian issuers. This risk is generally quite exaggerated. The decision of the rating agency should not have additional significant impact on the capital market, as the downside risks to the credit ratings of Russia have already been laid by market participants in the prices of Russian assets ».
Earlier, the international rating agency Standard & amp; Poor ?? s downgraded Russia’s credit rating in foreign currency from “BBB-” to speculative grade «BB +», reminds TASS.
No comments:
Post a Comment