Moody's Upgrades Ratings Of Kyiv And Kharkiv

The Moody's international rating agency has upgraded the ratings of Kyiv and Kharkiv.

Moody's announced this in a statement, Ukrainian News Agency reports.

Moody's has upgraded the rating of Kharkiv from Caa3 to Caa2.

The outlook for the rating has been changed from positive to stable.

The rating of Kyiv has been upgraded from Ca to Caa3. The outlook for the rating has been changed from stable to positive.

As Ukrainian News Agency earlier reported, on August 25, Moody's upgraded Ukraine's rating to Caa2 from Caa3 and changed the outlook from stable to positive.