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S&P Global affirms 'B' credit rating on City of Kyiv; outlook stable
Journal Staff Report

KYIV, Nov 16 - S&P Global Ratings on November 13, 2020 affirmed its 'B' long-term issuer credit rating on the Ukrainian capital City of Kyiv, the outlook is stable, the agency said on its website.

"The stable outlook reflects our view that Kyiv will maintain its financial strength throughout the COVID-19-related recession. We expect management to comply with the central government's restrictions and keep the deficit fully covered by accumulated reserves. The outlook also factors in our assumption that the city will borrow moderately in the medium term," the report says.




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Currencies (in hryvnias)
  27.11.2020 prev
USD 28.44 28.38
RUR 0.376 0.375
EUR 33.85 33.78

Stock Market
  26.11.2020 prev
PFTS 501.2 501.2
source: PFTS

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