Russia keeps sovereign rating - Fitch

Russia has maintained its sovereign rating at BBB, despite the outflow of capital from the state in Q4, Fitch said, ITAR-TASS reports.


Russia had an outflow of $74 billion in January-November 2011, compared with $134 billion in 2008.


Fitch says that Russia had a positive balance of foreign trade and exports capital. Russian export will exceed import by $82 billion or 4.5% of the GDP.

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