Home > News > World
Thursday February 27, 2014 MYT 9:10:09 PM
Thursday February 27, 2014 MYT 9:11:03 PM
KIEV (Reuters) - Arseny Yatseniuk, who was nominated on Thursday to be Ukraine's prime minister, said securing a new loan agreement with the International Monetary fund was vital for the country to be able to stabilise the hryvnia currency.
The hryvnia hit a record low earlier on Thursday because of concerns that the central bank is stymied by dwindling foreign currency reserves.
"We need immediately to sign an agreement with the IMF," Yatseniuk told parliament after his nomination. "As soon as a deal on an IMF programme has been signed, money will come for our reserves and we will be able to stabilise the exchange rate."
Parliament was due to vote on his candidacy later on Thursday.
(Reporting By Natalia Zinets, Editing by Timothy Heritage)
Ebola death toll tops 4,900 as virus spreads - WHO
Brazil's election too close to call on eve of runoff
China's top graft-buster says fight will never end
WHO: Ebola cases cross 10,000 mark, fatality rate close to 50%
Two killed, four wounded in Washington state school shooting
Modi takes tea, but no questions, in first press event as PM
PSG close on Marseille by beating Bordeaux 3-0
‘The Most Epic Safety Video Ever Made’ with Elijah Wood and Peter Jackson
Mauritania closes border with Mali over Ebola fears
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)