Ukraine reserves perilously low; lag other emerging markets


  • World
  • Wednesday, 04 Dec 2013

LONDON (Reuters) - As the political crisis in Ukraine continues, its severely depleted central bank reserves are putting it at serious risk of a balance-of-payments crunch, its metrics looking worse than almost every big emerging economy.

With demonstrators blockading government buildings in protest at President Viktor Yanukovich's rejection of closer ties with the European Union, the creaking economy is coming under growing pressure.

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