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S&P Global Ratings lowers Ukraine’s credit rating to ‘CC’ as risks rise
Journal Staff Report

KYIV, Aug 1 – S&P Global Ratings lowered its foreign currency (FC) long-term sovereign credit and issue ratings on Ukraine to 'CC' from 'CCC+'. The outlook on the long-term sovereign rating is negative.

"Ukraine has proposed to its foreign creditors to defer payments on all external debt obligations by 24 months. As a result of this proposal, we believe a default on the sovereign's foreign currency debt is a virtual certainty," S&P said on Saturday.




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Currencies (in hryvnias)
  28.03.2024 prev
USD 39.23 39.14
RUR 0.425 0.422
EUR 42.44 42.44

Stock Market
  27.03.2024 prev
PFTS 507.0 507.0
source: PFTS

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