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Fitch Affirms Russia at ’BBB’; Outlook Stable

Fitch Ratings has affirmed Russia’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ’BBB’ with a Stable Outlook. The issue ratings on Russia’s senior unsecured foreign and local currency bonds have also been affirmed at ‘BBB’. The Short-term rating has been affirmed at ’F3’ and the Country Ceiling at ’BBB+’.