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S&P Affirms Ukraine's B-/B Ratings

The Standard&Poor's Global Ratings international rating agency has affirmed long-term and short-term sovereign credit ratings of Ukraine on obligations in foreign and local currencies at the level of B-/B.

The agency has said this in a statement, Ukrainian News Agency reports.

The ratings' outlook is Stable.

At the same time, the agency affirmed Ukraine's 'uaBBB' rating (national scale).

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The Stable outlook reflects analysts' opinion regarding early termination of the current EFF (Extended Fund Facility) program of the International Monetary Fund (IMF) and launch of the new 14-month program.

As Ukrainian News Agency earlier reported, Ukraine fell two places to 83rd one among 140 countries in the World Economic Forum rating.

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