January 26, 2018 / 2:31 PM / in 9 months

Russian economy minister expects more sovereign rating upgrades in 2018

MOSCOW (Reuters) - Russian Economy Minister Maxim Oreshkin said on Friday he expected all three international credit rating agencies to revise Russia’s sovereign ratings upward in 2018, Tass news agency reported.

Russian Economy Minister Maxim Oreshkin speaks during a session of the Gaidar Forum 2018 "Russia and the World: values and virtues" in Moscow, Russia, January 17, 2018. REUTERS/Sergei Karpukhin

This week Moody’s rating agency raised Russia’s sovereign outlook to positive from stable.

Reporting by Jack Stubbs; Writing by Andrey Ostroukh; Editing by Kevin Liffey

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