S&P confirms credit rating of Russia

The international rating agency Standard & Poor's has confirmed the long-term sovereign credit rating of the Russian Federation in foreign currency at the level of 'BB +' with "negative" forecast.

At the same time, the long-term rating in national currency was confirmed at the level of 'BBB-', the agency's report says.

In turn, the short-term foreign currency rating was confirmed at the level of 'B', in the national - at the level of 'A-3', TASS reports.