Credit rating agencies

Turkey has good growth prospects compared with BRICs: Fitch

Turkey is a large emerging market with good growth prospects relative to most of the BRICs, the senior director of global rating agency Fitch Ratings has said.

Speaking to Anadolu Agency Feb. 16, Fitch Ratings Senior Director Paul Rawkins said the risks lie mostly on the external side for the country.

S&P cuts Russia credit rating to 'junk'

Standard and Poor's stripped Russia of its investment-grade rating on Jan. 26, cutting it to "junk" status with a warning of weak growth.

"The downgrade reflects our view that Russia's monetary policy flexibility has become more limited and its economic growth prospects have weakened," the ratings agency said in a statement announcing the one-notch cut to a 'BB+' rating.

Fitch affirms Serbia's credit rating at B+

BELGRADE - The Fitch Ratings credit rating agency has affirmed Serbia's B+ credit rating, the Public Debt Administration announced on Monday.

Serbia's credit outlook remained stable, the Public Debt Administration said on its website.

In January last year, the agency downgraded Serbia's rating from BB - with negative outlook to B+ with stable outlook.

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