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Standard & Poor's lowered the credit rating of Ukraine Home Site Map Contacts

The Standard & Poor's international agency decreased long term independent  rating of Ukraine concerning liabilities in foreign currency from "ВВ-" to "В+".
According to the information of the agency analytics, government of Ukraine does not manage with growing inflation. Ukraine rating forecast became stable.
Rating of Ukraine concerning liabilities in national currency was also decreased - from "ВВ" to "ВВ-". Meanwhile short term ratings did not change, as it is informed by UNIAN.
In May 2006 other agency - Fitch - informed about possible review of Ukraine rating and decrease its forecast from "positive" to "stable".
It is curious, that information of Standard & Poor's concurred with declaration of the Prime Minister of Ukraine Yulia Timoshenko about decrease of inflation in the country and possible deflation in June.
Let’s remember, that by opinion of Yulia Timoshenko, the general decrease of prices during a month can be 0,7 percent.
Credit rating – this is a universal mechanism for valuation of reliability of borrower’s debt liabilities and setting of charge for correspondent credit risk. Credit rating allows to its owner to declare credit power, show work readiness to prospect investors and partners.
Based on UNIAN materials



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