Fitch, which rates Ukraine as BB-, said a sharp drop in the currency would exacerbate already high inflation, affecting asset quality in the banking system where 51 percent of loans were denominated in foreign currency.
It warned a further rise in risk of an external financing crisis would likely trigger a downgrade.
"The negative outlooks signal Fitch`s concerns that Ukraine faces a growing risk of a currency crisis, driven by a widening current account deficit and deteriorating financial prospects," said Andrew Colquhoun, director in Fitch`s sovereign group.
"Strong capital inflows and reserves growth so far in 2008 are evidence of some resilience, but Ukraine faces growing risks with deteriorating fundamentals."
Спасибо за Вашу активность, Ваш вопрос будет рассмотрен модераторами в ближайшее время