Ukraine upheaval could hit rating if funding ability hurt - S&P


  • World
  • Tuesday, 03 Dec 2013

LONDON (Reuters) - Ukraine's internal political problems are already covered by its B- credit rating and it would take a worsening of its ability to access foreign funding to provoke another cut, Standard and Poor's said on Tuesday.

S&P downgraded Ukraine at the start of last month and warned it could cut it further if its international reserves declined faster than expected and its funding commitments became increasingly difficult to meet.

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