Connect with us

EurAsian Region

S & P affirmed Russia’s Credit Rating at BB+ with a “Positive Outlook”

Published

on

The international rating agency Standard & Poor’s affirmed Russia’s sovereign credit rating at “BB +” with a “positive” outlook. This was stated in the agency’s message.

“A positive outlook means that we can raise our ratings for Russia if the economic recovery continues, and GDP per capita reaches indicators comparable to countries with similar levels of development,” the agency noted.

Russia Not Leaving the Council of Europe: Leonid Slutsky

In addition, a positive rating decision may be reflected in the growth of financial stability, support for a stronger monetary policy and a steady strengthening of the credit activity of the banking system.

Is North Korean Leader, Kim Jong-Un Protected by Russian Officials?

According to the expectations of S & P, Russia’s real GDP will increase by 1.8% in 2017, with an average growth rate of 1.7% in 2017-2020. The dollar-ruble exchange rate, according to the agency’s forecasts, will be at the level of 61 rubles per dollar by the end of 2017, and in 2018 it will be 62 rubles.

US Strategy in Afghanistan: Did US negotiate with Russia & China?

Advertisement
Advertisement

Facebook

FEATURED

usa-taiwan usa-taiwan
Asia Pacific3 hours ago

Amid China Threat, Taiwan’s First Homegrown Submarine To Be Equipped With US’ Torpedoes, Harpoon Missiles

Amid China’s muscle-flexing, Taiwan has started building its first indigenous submarine. The Island nation will be receiving imported components for...

ROBOT-SOLDIERS ROBOT-SOLDIERS
EurAsian Region3 hours ago

Russian Army Receive 1st Batch Of Deadly ‘Terminators’ That Can Spread Terror On The Battleground

The Russian Ministry of Defense announced that its military had received the first batch of Terminator tank support fighting vehicle...

F-35-INDIA F-35-INDIA
Featured6 hours ago

Did Russian Missiles ‘Hit’ F-35 ‘Stealth’ Fighter Jet Operated By The Israeli Air Force Over Syria?

The world has its eyes on the new American F-35 jet that has already cemented its place in the elite...

Chandrayaan-2 Chandrayaan-2
Asia Pacific9 hours ago

India’s Venus Orbiter ‘Shukrayaan’ May Get A Piggyback Ride On Heavy-Duty Rocket, GSLV-Mk III

In September, NASA administrator Jim Bridenstine had said it’s time to prioritize Venus, one of our closest planetary neighbors. His...

INDIA-PAKISTAN INDIA-PAKISTAN
Featured11 hours ago

Pakistan Hits Out At India For War-Mongering Even During Covid-19 Pandemic

Pakistani foreign minister lambasted arch-rival India and – said that some countries, including India, defied international calls for peace and...

INDIA-CHINA INDIA-CHINA
Asia Pacific12 hours ago

Chinese PLA Deploys ‘Assault Boats’ In Pangong Lake After Indian Army Stations MARCOS Commandos?

As Indian and Chinese diplomats and top military commanders are trying ways to disengage in the Ladakh region, there are...

rafale-jets rafale-jets
Asia Pacific14 hours ago

Indian Rafales ‘Far Superior’ To Pakistan’s JF-17 Thunder — Chinese Military Experts Make Rare Admission

In what seems to be a rare admission, Chinese experts have said that the French-built Rafale fighter jets, procured by...

china-moon-mission china-moon-mission
Featured14 hours ago

ISRO’s Chandrayaan Looks To Catch-Up In Space Race As China Surges Ahead With Chang’e-5 Moon Mission

China’s Chang’e-5 probe has successfully landed on the moon, in a landmark mission to bring lunar surface samples back to...

US-CHNA-WORLD-WAR US-CHNA-WORLD-WAR
Americas23 hours ago

Why Is The US Constructing A New Military Base Right Next To Its Biggest Airbase Near China?

With its eyes on China, the US Department of Defense (DoD) will build an alternative military base on Tinian island,...

Americas24 hours ago

The US ‘Apple’ Turns Sour As China’s Xiaomi Heads For Global Domination In Smartphone Markets

Xiaomi replaced Apple for the first time to reach the third spot globally, after Samsung and Huawei, in the list...

Advertisement
Advertisement