The international rating agency Standard&Poor's has lowered the long-term foreign currency ratings of Kyiv, Lviv, Dnipropertrovsk and Ivano-Frankivsk from ССС up to ССС, LigaBusinessInform (ЛIГАБiзнесIнформ) reports.
According to the agency, S&P also downgrades the rating of short-term liabilities in local currency from ССС up to ССС-.
The rating outlook is “negative”.