S&P rating agency upgraded Ukraine’s long-term and short-term foreign currency credit rating from ‘SD/SD’ to ‘CCC+/C’. area organizations.
“Long-term ratings outlook stable,” the report says.
Formerly international rating agency S&P Global Ratings old version Ukraine’s long-term foreign currency credit rating from “CCC+” to “CC”.
As stated in the organization’s statement, the outlook for the long-term country 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.
Last week, international rating agency Fitch Ratings announced that it downgraded Ukraine’s long-term foreign-currency issuer default rating from CCC to C.