KIEV, Oct. 2 – Fitch Ratings has revised the outlooks on Ukraine's 'BB-' IDRs to Negative from Stable, reflecting the agency's growing concerns about Ukraine's rising current account deficit (CAD) and its deteriorating external liquidity position, Fitch said in its special report on Ukraine.

"Ukraine's worsening external finances leave the country more dependent on foreign capital inflows to prop up the currency and official reserves and thereby sustain domestic financial and economic stability," Fitch said.