The international rating agency Moody's has worsened the outlook on Ukraine's B1 foreign currency bond rating from "positive" to "developing." This is stated in Moody's report, as reported by "Ukrainian News."\n\n\nThe agency also worsened the outlook on Ukraine's B1 national currency bond rating from "positive" to "developing." Moody's also announced a possible review and downgrade of the B2 rating for foreign currency bank deposits.\n\n\nMoody's motivates these steps by the political uncertainty observed in Ukraine.\n\n\nAccording to Moody's, the "developing" outlook reflects a situation where political events, depending on their further development, may have both a positive and negative impact.\n\n\nAs reported, on November 30, the international rating agencies Standard & Poor's and Moody's announced an increase in risks in the Ukrainian banking system against the backdrop of political instability in the country.\n\n\nAmong the main potentially negative elements for the stability of the banking system, the agencies named the risks of a decline in its liquidity.\n\n\nThe agencies currently do not intend to review the ratings of Ukrainian banks.
The Moody's agency downgraded Ukraine's rating from 'positive' to 'developing'
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