Fitch upgraded the sovereign rating of Ukraine from “CCC” to “B -” Agency of economic information PRIME

MOSCOW, 12 Nov /PRIME/. International rating Agency Fitch upgraded long-term Issuer default rating (IDR) of Ukraine in foreign and national currency to “B-” from “CCC”, Outlook stable, says the Agency.

Rating to issue bonds in foreign and national currency of Ukraine also upgraded from “CCC” to “B -” rating and the country ceiling raised to ‘ B -’, short-term local and foreign currency from level “C” to “B”.

In November, Fitch ratings affirmed the long-term Issuer default rating (IDR) in foreign and national currency at “CCC”.