KYIV, March 10 – Fitch Ratings has affirmed Ukraine's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'B', the outlook is positive, the rating agency said on its website.

"Ukraine's ratings balance improved policy consistency and credibility, a record of multilateral support, and low government debt against low external liquidity relative to high financing needs associated with large sovereign debt repayments, a vulnerable, albeit improving, banking sector, and weak governance indicators," it said.