By Stephen NakrosisS&P Global Ratings on Friday said it was lowering its foreign currency ratings on Ukraine to 'CCC/C+' from 'B-/B.' S&P said it expects the country's military conflict with Russia to be protracted and added, "the Ukraine government's capacity to meet its foreign-currency commercial debt payments is contingent on the flow of donor support, in our view."

Source: Wall Street Journal May 28, 2022 07:42 UTC