LONDON (Reuters) - Fitch is comfortable with Ukraine's rating despite the massive protests over the government's shunning of a trade deal with the European Union, the agency's new chief sovereign analyst said on Thursday.
It downgraded Ukraine's sovereign rating by one notch last month - cutting the country to B-minus from B, with a negative outlook - and warned more cuts could be on the way because of a shaky financing position and possible roadblocks to foreign currency borrowing.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!