(MENAFN- UkrinForm) Fitch Ratings has affirmed Ukraine's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a Stable Outlook.
This is said in the released on the FitchRatings website.
'Fitch Ratings has affirmed Ukraine's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. Ukraine's ratings reflect weak external liquidity, a high public debt burden and structural weaknesses, in terms of a weak banking sector, institutional constraints and geopolitical and political risks. These factors are balanced against improved policy credibility and coherence, the sovereign's near-term manageable debt repayment profile and a track record of bilateral and multilateral support, reads the statement.
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