January 18, 2019 / 9:23 PM / 6 months ago

S&P affirms Russia's rating at 'BBB-/A-3' with stable outlook

Jan 18 (Reuters) - S&P Global Ratings affirmed Russia’s investment grade credit rating at “BBB-/A-3” on Friday, saying the sovereign’s solid external and public balance sheets should enable the country’s economy to absorb shocks from possible international sanctions.

The credit ratings agency kept the nation’s outlook unchanged at stable.

Reporting by Yadarisa Shabong

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