KYIV, Oct 31 – On October 28, 2022, S&P Global Ratings affirmed its 'CCC+' long-term foreign and local currency issuer credit ratings on Ukraine's capital city Kyiv, the outlook remains stable, the company said on its website.

"The stable outlook reflects that on the sovereign and the balance between Kyiv's high cash reserves and low debt service, and the significant uncertainty stemming from the ongoing war between Russia and Ukraine," it said.