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11 may 2005
Rating Agency Standard & Poor s has upgraded Ukraine s long-term foreign currency rating to 'BB-' From 'B+'
On May 11, 2005 Rating Agency Standard & Poor s has raised its long-term foreign currency sovereign credit rating on Ukraine to 'BB-' from 'B+'.
At the same time, the long-term local currency rating was raised to 'BB' from 'B+'.
In addition, the 'B' short-term foreign and local currency ratings and 'uaAA' national scale rating were affirmed.
The outlook is stable.
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