Moody’s revises Ukraine’s currency forecast as USA provides Ukraine with USD 1 billion in loans

Source : 112 Ukraine

Ukrainian securities improved positions in European markets after the loan agreement had been signed
14:28, 3 June 2016

Пресс-служба президента Украины

Finalized loan agreement between Ukraine and the USA has caused international rating agency Moody’s to revise its forecast for Ukraine’s currency, President Petro Poroshenko stated, his press service reports.

‘This makes it obvious, that investors believe in Ukraine’, - press service quotes Poroshenko.

Poroshenko assured, that after loan agreements with the USA and IMF are finalized and signed, Ukraine will receive more financial aid from another investor - the European Union.

‘I want to express my gratitude to the United States for the timely help to our country. I’m convinced, we will manage to rebuild Ukraine if we have such an international coalition to support us’, - Poroshenko said.

Related: USA provides Ukraine with USD 1 billion in loans

Related: IMF to provide Ukraine with $ 1.7 billion in the third tranche of the loan

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