Baku 14° C
Fitch downgrades long-term ratings of 20 Russian regional authorities to 'C'
Finance
- 12 March, 2022
- 12:38
Add Report.az to preferred Google sources
Stay up to date with the top news!
Fitch Ratings has downgraded 20 Russian local and regional governments' (LRGs) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to 'C', Report informs referring to Fitch website.
The regions and cities with the revised rating include Moscow and the Moscow Region, St. Petersburg, Novosibirsk, Krasnoyarsk Region, Stavropol Region, Yamal-Nenets Autonomous District, Altai Region, the republics of Mari El, Bashkortostan, Sakha (Yakutia), Tatarstan, Sverdlovsk, Kirov, Nizhniy Novgorod, Novosibirsk, Orenburg, Yaroslavl, Chelyabinsk, Lipetsk regions.
For these regions, this is the second downgrade in two weeks.
Earlier, the agency downgraded the ratings of Russian energy companies to "CC."
Author
Latest News
23:57
Bulgarian Air Force fighter jets escort two passenger planes following bomb threats
Other countries
23:49
Hakan Fidan: Türkiye will continue to defend rights and interests of Northern Cyprus
Region
23:25
Donald Trump appoints Stephen Miller as White House chief of staff
Other countries
23:21
Unknowns attempt to set French school on fire during classes
Other countries
22:59
Photo
SOCAR and Honeywell Technologies sign Global Framework Agreement
Energy
22:38
FT: Europe threatened with new wave of attacks on transport
Other countries
22:34
Photo
Official reception to mark Azerbaijan's Victory Day held in Serbia
Foreign policy
22:09
Tahir Taghizada: Azerbaijan strengthens its role as connectivity hub between Europe and Asia
Foreign policy
21:38
Participants of Azerbaijan NGOs Cooperation Forum address President Ilham Aliyev
Domestic policy