Fitch affirms Ukraine’s ‘restricted default’ rating, downgrades 2025 GDP forecast to 2.5%

On Saturday night (Kyiv time), International Fitch Ratings Agency affirmed Ukraine’s long-term foreign-currency issuer Default Rating (IDR) at ‘Restricted Default’ (RD).

“Fitch considers that Ukraine is still going through a broader restructuring, with its GDP warrants to…

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