S&P downgrades Ukraine’s long-term currency rating

International rating agency S&P Global Ratings downgraded Ukraine’s long-term sovereign currency rating from CCC+ to CC. This has been reported DEA News”referring to the agency’s statement.

As stated in the statement made by the agency, the outlook for the country’s long-term credit rating is negative.

At the end of May, S&P downgraded Ukraine’s long-term foreign currency rating from ‘B-‘ to ‘CCC+’ and the outlook was negative.

International rating agency Fitch Ratings last week announced Regarding the downgrade of Ukraine’s foreign currency long-term issuer default rating from “CCC” to “C”.

It was learned that Fitch was also present. old version Naftogaz Ukrainy’s long-term issuer default rating is CCC to C.

Former President of Ukraine Volodymyr Zelensky declarationKiev needs financial aid worth $5 billion a month.

Source: Gazeta


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