Russia rating to stay in junk for 'for a year or two at least' – S&P

FILE PHOTO: A shop assistant (L) counts Russian rouble banknotes as customers gather at a store selling Apple products during the launch of the new iPhone 7 sales at the State Department Store, GUM, in central Moscow, Russia, September 23, 2016. REUTERS/Sergei Karpukhin/File Photo
MoreLONDON (Reuters) – Russia’s sovereign credit rating will likely remain in junk territory for “a year or two at least”, the S&P Global agency said on Monday.
The agency rates Russia at BB