KIEV (AFP) – Standard and Poors upgraded Ukraines credit rating on Monday from selective default thanks to the cash-strapped former Soviet countrys ability to strike a major debt write-down deal.The New York-based agency said it was raising Ukraines foreign currency sovereign rating from SD to B-/B — a grade defined as highly speculative but one that leaves the door open to future borrowing from abroad. …read more
Source: Dunya TV
