NEW YORK, Nov. 19 - Fitch Ratings has upgraded Ukraine's Long-term foreign currency Issuer Default Rating to 'CCC' from 'RD' (Restricted Default) and affirmed the Long-term local currency IDR at 'CCC'.

The Short-term foreign-currency IDR is upgraded to 'C' from 'RD'. The Country Ceiling is affirmed at 'CCC'. Senior unsecured local-currency debt ratings are affirmed at 'CCC'.

Fitch has assigned 'CCC' ratings to the eurobonds issued on 12 November and withdrawn ratings on those securities tendered in the debt exchange.