It is reported that Moody Investors Service has revised its B2 outlook for the ratings of the Ukrainian government debt commitments in the national and foreign currency from Stable to Negative.

The agency noted that the outlook downgrade is due to risks in Ukraine budget financing of and external liquidity income, as well as the downside risks to economic growth and political stability. Negative outlook also applies to Ukraine's country ceiling rating of B1 and a ceiling of B3 on deposits in foreign currency.

(Sourced from www.nrcu.gov.ua)