Standard & Poor’s credit rating for Russia stands at BBB- with stable outlook. Moody’s credit rating for Russia was last set at Baa3 with stable outlook. Fitch’s credit rating for Russia was last reported at BBB- with positive outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Russia thus having a big impact on the country’s borrowing costs. This page includes the government debt credit rating for Russia as reported by major credit rating agencies.