Fitch downgraded the country's long-term foreign currency to"RD" from"C", as it deems the deferral of debt payments as a completion of a distressed debt-exchange.Fitch downgraded the country's long-term foreign currency to"RD" from"C", as it deems the deferral of debt payments as a completion of a distressed debt-exchange.
Earlier this week, Ukraine’s overseas creditors backed the country’s request for a two-year freeze on payments on almost $20 billion in international bonds, according to a regulatory filing, allowing the war-ravaged country to avoid a messy debt default. Fitch downgraded the country’s long-term foreign currency to “RD” from “C”, as it deems the deferral of debt payments as a completion of a distressed debt-exchange.
Becoming a great person in life do take time but time awaits you so get started with _JamesAlderson He's actually the best in the stock market. A highly recommended broker
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global stocks head for fourth straight week of gainsA slight easing of inflation readings drove global stocks higher and capped a rising dollar this week
Source: BDliveSA - 🏆 12. / 63 Read more »