Sovereign Rating of Ukraine Demonstrates Growth
OREANDA-NEWS. October 18, 2010. Support for government’s actions from the international community has allowed Ukraine to increase its sovereign ratings.
The growth of confidence in Ukraine in the world has allowed to attract USD 2 billion in Eurobonds for the first time since 2007.
International rating agencies note restoration of economic growth to be underpinned by reforms initiated by the President of Ukraine.
Moody's Investors Service has changed outlook on Ukraine’s sovereign rating, which is "B2", from negative to stable. The agency has also changed outlook on the foreign currency bank deposit ceiling of B3 and Ukraine 's foreign currency bond ceiling of B1 to stable from negative.
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