Expert RA Downgrades Ukraine Sovereign Rating
OREANDA-NEWS. 'Expert RA' rating agency downgraded Ukraine sovereign rating to СС, which means very low credit solvency, in foreign currency, and to ССС-, which means low credit solvency, in the national currency. The credit environment rating of the state was downgraded to С, which means the extremely low credit environment quality, in foreign currency, and to СС, which means very low credit environment quality, in the national currency. Ukraine used to have sovereign rating ССС, which means low credit solvency, in the national currency, and ССС-, which means low credit solvency, in foreign currency, credit environment rating ССС-, which means low credit environment quality, in the national currency, and СС, which means very low credit environment quality, in foreign currency.
The government (sovereign) and credit environment creditworthiness ratings of Ukraine were downgraded due to the aggravated political instability, which hinders timely performance of its current obligations by the country.
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