Fitch downgrades Ukraine’s rating outlook due to “tension with Russia”

Fitch downgrades Ukraine’s B rating outlook from ‘positive’ to ‘stable’

Fitch has affirmed Ukraine’s credit rating at ‘B’ but has downgraded its outlook on its Long-term Issuer Default Rating (IDR) from ‘Positive’ to ‘Stable’. release agencies.

It explained its decision by “expecting a longer period of heightened tension with Russia.”

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