(The following statement was released by the rating agency)
Link to Fitch Ratings' Report: The Credit Outlook
https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=882173
LONDON, July 20 (Fitch) The negative trend in sovereign rating
Outlooks in the
year to date emphasizes the challenges faced by emerging market
(EM) issuers
dependent on oil and gas exports, Fitch Ratings says in a new
report. Negative
outlooks in Russia and Brazil result in ratings pressure on
financial
in
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