Fitch Ratings will believe in Ukraine

The agency Fitch raised the rating of Ukraine

In brief: Ukraine has received credit rating. Fitch Ratings sees prospects of Ukraine.

Fitch Ratings upgraded the sovereign long-term issuer default ratings of Ukraine in foreign and national currency from level «B-» to «B» today. The outlook on the long-term – “Stable”. It is reported by Fitch Ratings.

“Improving the Ukraine’s sovereign ratings follows the agreement reached with the IMF on a new lending program to $ 14.9 billion, which supports confidence in the prospects of policy and funding, reduces the risk of macroeconomic and financial instability and a positive factor for the country’s creditworthiness,” – said the director in Fitch’s sovereign ratings, David Heasley.

Ukrainian Globalist
2010-07-06 23:34, Economics.

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