Moody's upgrades rating outlook on Ukraine to positive

Ukraine’s long-term sovereign rating was confirmed at Caa1.

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Moody's Investors Service has upgraded the rating outlook on Ukraine from "stable" to "positive."

Ukraine’s long-term sovereign rating was confirmed at Caa1, according to the press service of the Ukrainian economy ministry.

Read alsoWorld Bank estimates Ukraine GDP growth over nine months at 3.7%-3.8%

As UNIAN reported earlier, Standard & Poor's in October raised Ukraine's sovereign rating to "B" with a stable outlook.

Prior to this, Fitch Rating in September upgraded Ukraine's rating to "B" as well and improved its outlook for a positive one.

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