The Ministry of Finance expect a review and enhance the other international financial ratings of the country against the backdrop of changes in positive forecast SP, informed the Acting Head of Finance Igor Umansky.
negative expectations in the foreign exchange market is not confirmed, and the market saw that the work with the IMF succeeds, but not a PR-action. We are moving according to plan (cooperation with the Foundation - Ed.), and forecast that not only the expectations but their actual performance will be improved. We anticipate revising and improving the ratings and other rating agencies, - he said.
As reported, the international rating agency Standard Poor s has confirmed the long-term and short-term rating of Ukraine under obligations in foreign currency at CCC /C . Prognoz changed to positive from negative.
ratings of Ukraine under obligations in foreign currency affirmed at B-/C, on the national scale rating - uaBBB.
Revision of the forecast reflects the recent progress in implementing structural reforms in fiscal and financial sectors in accordance with the terms of the International Monetary Fund (IMF) on granting Ukraine credit adjustment of $ 16 billion, resulting in the payment of the third tranche of the loan volume of $ 3.2 billion at the beginning of the week.
forecast positive reflects the improved economic outlook for Ukraine, primarily due to the scale and flexibility supports the country - both bilateral and multilateral - stressed credit analyst Standard Poor s Franklin Gill. - Predictability of policies continues to be weak because of weak institutions and the frequent turnover of managers the country.
Implementation of the remaining part of the IMF program could provide a basis for more sustainable growth and improve fiscal performance and, consequently, lead to an increase in the rating of Ukraine under obligations in foreign currency. On the other hand, delays in the implementation of the program could lead to a reduction in the confidence of depositors and investors in the economy and the exchange rate, which in turn may have a negative impact on the ratings, said in a press release agency.
By the end of the trading session, the dynamics have not changed and the indexes will continue near current levels of traffic
The weakening U.S. dollar and the euro has led to reduce the cost bivalyutnoy ruble to a basket, a course which has grown by 0.15%, and amounted to 36.313 rubles
As soon as data on U.S. GDP per quarter, 2 were published, the market of Russia laid another wave of sales
MICEX Index, compared with the value of the close of the previous trading day decreased by 1.371% to 1032.11, paragraph
The index of the Frankfurt Stock Exchange Xetra DAX fell 2.56 point, the index of the London Stock Exchange FTSE 100 rose 3.16 point
Yushchenko signed the law on the characteristics of measures of financial health of banks
The dollar depreciated - the evening review of cash markets
Forex on the European session
In the evening session FORTS futures on the RTS index decreases on 0,32% and the trading value of approximately 66 020 items