(Reuters) – Rating agency S&P said on Friday it lowered Ukraine’s long-term foreign and local currency sovereign credit ratings to ‘B-‘ from ‘B’, citing risks to country’s economic growth and financial stability stemming from the crisis with Russia.
S&P said https://bit.ly/3ImYMZO it could lower the ratings further should the uncertainty posed by the conflict lead to a drain on Ukraine’s external liquidity.
(Reporting by Bhargav Acharya in Bengaluru; Editing by Sandra Maler)
