Marcus Ashworth, Columnist

Russia: Junk No More?

An upgrade from S&P would remove a big barrier for overseas investors.

February 23, 2018 at 12:34 PM UTC

Marcus Ashworth is a Bloomberg Opinion columnist covering European markets. Previously, he was chief markets strategist for Haitong Securities in London.

Kremlin Is Aloof as Wounded Return After Fighting U.S. in Syria — Photographer: Andrey Rudakov/Bloomberg

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

For Russia, Friday is a big day, with both S&P Global ratings and Fitch Ratings poised to announce the results their reviews of the country's debt rating.

The hope is that S&P will make a one-step upgrade to the foreign-currency rating and put the sovereign back into investment grade territory.