Standard&Poor's upgrades Ukraine's rating

Print version
March 18, 2010, 11:32 a.m. | Business — by Ukrainian News
The Standard&Poor's international rating agency has placarded Ukraine's rating on national scale from uaBBB to uaA, the agency said. The rating action follower the upgrade of Ukraine's obligations in foreign currency from CCC+/C to the level of B-/C and obligations in local currency from B-/C to B/B level.

Ukraine's ratings on local and international scales take in account the same factors influencing on the creditworthiness of country's government.

Enhancement of the political and credit-monetary system of Ukraine could positively influence on the rating dynamics.

As earlier reported, on March 12, Standard & Poor's, an international credit rating agency, has raised the ratings of the Crimean autonomous republic, Dnipropetrovsk, Ivano-Frankivsk, and Luhansk from CCC+/uaBB to B-/uaBBB-, affirmed the rating of Kyiv at CCC+, and affirmed the ratings of Lviv and Odesa at CCC+/uaBB.
The Kyiv Post is hosting comments to foster lively public debate through the Disqus system. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. The Kyiv Post will ban flagrant violators. If you think that a comment or commentator should be banned, please flag the offending material.
comments powered by Disqus


© 1995–2014 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.