S&P affirms Ukraine’s B-/B ratings

S&P affirms Ukraine’s B-/B ratings

S&P Global Ratings affirmed its 'B-/B' long- and short-term foreign and local currency sovereign credit ratings on Ukraine. 

This is said in the agency’s release.

As noted, the outlooks on the long-term foreign and local currency ratings are stable.

According to S&P, the affirmation reflects the broadly stabilizing macroeconomic picture within Ukraine in 2016.

In November, Fitch Ratings in November 2016 upgraded Ukraine's Long-Term Foreign and Local Currency Issuer Default Ratings to 'B-' from 'CCC.' The outlook was projected as stable.


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