Fitch downgrades Russia’s foreign currency issuer default rating to ‘C’

Moscow, March 9 ( /Sputnik) International rating agency Fitch Ratings said it has downgraded Russia’s long-term foreign currency issuer default rating to ‘C’ from ‘B’. “Fitch Ratings has downgraded Russia’s Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘C’ from ‘B’,” according to the statement. /SPUTNIK ACL0706