Saturday, April 18, 2015

Siluanov: Fitch has postponed consideration of the rating of Russia – Russian newspaper

The Ministry of Finance expects that Russia’s rating could be upgraded to investment grade. This was announced by the head of department Anton Siluanov.

And said that the international rating agency Fitch intends to examine in depth the situation in our economy, and therefore postponed publicized its regular ranking for our country. “We met with the rating agencies. I met Fitch. They have not yet changed the rating” – quoted by Interfax Minister.

These days in Washington held traditional spring session of the World Bank and the International Monetary Fund. Siluanov said that the delegation of the Ministry of Finance intends to meet with all three leading international rating agencies. Today, scheduled communication with experts Moody’s.

About the Standard & amp; Poor’s did not yet reported. But we know that yesterday it has left our rating unchanged. That is below investment grade. Earlier on the same bar put our rating and Moody’s.

See also

On the investment ratings are very sensitive to investors, according to him, they determine the level of potential risk in investing in securities. Clearly, the higher the rating, the lower the risk, so investors are heavily invested in stocks and bonds of a country, its companies.

The Finance Ministry has every reason to expect a surge rating of Russia, experts say “RG “. The situation in the economy today, more stable than at the end of last year. Passed the peak of inflation, the ruble has appreciated. On the “hot line” President Vladimir Putin said that the assets of the Russian banking system for the first time exceeded the GDP reached 77 trillion rubles. “This is a very good indicator of the stability and reliability of the Russian banking system,” – said the head of state.

Help “RG”

The ratings categories “AAA”, ” AA “,” A “and” BBB “- investment grade.

The ratings categories” BB “,” B “,” CCC “,” CC “and” C “- have significant speculative characteristics. For example, the previous rating was assigned to Russia Fitch on 10 January. The agency downgraded it to “BBB-”. Which means high sensitivity to adverse changes in commercial, financial and economic conditions.

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