Ukraine central bank abruptly reverses currency trading ban


Russian Energy Minister Alexander Novak attends a news conference in Moscow, October 31, 2014. REUTERS/Tatyana Makeyeva

KIEV (Reuters) - Ukraine's central bank abruptly reversed a ban that had prohibited most currency trading, less than a day after it was imposed.

The rule, imposed on Wednesday morning, had prohibited banks from buying currency on behalf of their clients, transactions which account for nearly all official currency trade.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

'Today' co-anchor Savannah Guthrie pleads for answers to missing mother's fate
US Senate joins House in voting to halt Iran war, rebuking Trump
North Korea should build two warships a year in next five years, Kim says
Flash: England held 0-0 by Ghana in FIFA World Cup Group L
U.S. stocks close lower on chips sell-off
1st LD Writethru: Rail services across Germany suspended following train radio communications outage
57th Algiers Int'l Fair highlights Algeria's economic momentum
Urgent: Rail services across Germany suspended following train radio communications outage
Irish gov't allocates 377 mln euros to cross-border projects across island
Shaky Lebanon ceasefire, heavy damage hinder return of displaced: UN

Others Also Read