Russia Expects Increase of Its Ratings After the Crisis

Russia can expect increase of ratings after the country's economy is out of the crisis, the Minister of Finance Alexei Kudrin said. 

"At the end of the crisis we expect to improve the financial ratings of Russia and thus again confirm stability of our financial system" - the inister said at an investor conference in Yalta on Friday.
Now Russia's rating is BBB from agencies S&P and Fitch and Baa1 by Moody's, outlook on all ratings is stable. Rosstat data shows confident economic recovery in the first quarter of 2010. President Dmitry Medvedev said today that Russia is rapidly emerging from the crisis and economic growth almost reached the annual forecast of the authorities -  4 per cent. 

Russia may place Eurobonds this year, but this time in rubles: "We will promote ruble to world markets, we now borrow in dollars, but this time we can borrow on the international market in rubles," - "Kudrin said.