Ukraine's Poroshenko welcomes release of more IMF aid

Ukraine's President Petro Poroshenko addresses lawmakers during the opening of a new Ukrainian parliament session in Kiev, Ukraine, September 6, 2016. REUTERS/Gleb Garanich

KIEV (Reuters) - Ukrainian President Petro Poroshenko on Thursday welcomed a decision by the International Monetary Fund to release additional aid worth $1 billion to Kiev, saying it showed that the world recognises that Ukraine was carrying out reforms.

The IMF's decision would also help keep the Ukrainian hryvnia currency stable and maintain macroeconomic stabilisation, Poroshenko said, adding that a Russian attempt to undermine the IMF's decision had failed.