11:46 GMT16 May 2021
Listen Live
    Get short URL

    Rising oil prices and the expected thaw in US-Russian relations following US President-elect Donald Trump assuming office may lead to international ratings agencies increasing their credit ratings for Russia, Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev told Sputnik on Tuesday.

    MOSCOW (Sputnik) — Additional factors buoying Russia's credit rating could also be low inflation and an expected turnaround of the country's economy in 2017, he added.

    "I think that given the expected thaw in Russian-US relations after Donald Trump's inauguration and increasing oil prices, there is reason to expect Russia's sovereign rating to be increasing by international agencies. Agencies undoubtedly take their own decisions, they have their own reasons and views, which are sometimes unclear to the markets," Dmitriev said in an interview on the sidelines of the World Economic Forum Annual Meeting in Davos.

    Never miss a story again — sign up to our Telegram channel and we'll keep you up to speed!


    Fence on Border With Russia to Ensure Economic Security – Lithuania PM
    Ankara-Russia Economic Ties Yet to Reach Pre-Crisis Level – Turkish Minister
    EU Economy Impacted Insignificantly by Anti-Russia Sanctions - EU Commission
    thaw, credit rating, Donald Trump, US, Russia
    Community standardsDiscussion