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Monday, 10 March 2014 | MYT 9:21 PM

Ukraine hopes for first tranche of IMF loan in April

KIEV (Reuters) - Ukrainian Finance Minister Oleksander Shlapak said on Monday Kiev hoped to receive the first tranche of a financial aid package which it is negotiating with the International Monetary Fund in April.

He also said that the national currency, the hryvnia, which fell to a low of 11.6510/$ on March 3, had now stabilised. He saw good prospects for holding it to an average of 10.0-10.1/$ over the year.

(Reporting by Natalia Zinets, Writing by Richard Balmforth, Editing by Timothy Heritage)


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