Fitch cuts Russia’s credit rating

Author (Person)
Series Title
Series Details 5.2.09
Publication Date 05/02/2009
Content Type

Russia’s credit rating was downgraded on the 4 February 2009 after Fitch, the ratings agency, took fright over its haemorrhaging currency reserves and sharp drop in oil prices.

Related Links
ESO: Background information: Russia ready to defend floored rouble http://www.europeansources.info/record/russia-ready-to-defend-floored-rouble/
Russia Today, 4.2.09: Fitch downgrades Russia to BBB with a negative outlook http://www.russiatoday.com/business/news/36853

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