View of the Kremlin in Moscow. File photoMOSCOW, Mar 8Fitch International Ratings Agency has announced that it is suspending commercial activities in Russia, including credit ratings.
"Fitch Group has decided to immediately suspend their business activities in Russia. These operations cover credit ratings and other services that Fitch Group provides in Russia through its divisions Fitch Ratings and Fitch Solutions", the agency said in a statement on the official website.
The agency also noted that it would continue to provide the market with its independent analytical views through ratings conducted outside of Russia. Fitch Group underscores its commitment to supporting employees based in Russia.
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