Ukraine central bank curbs forex purchases


  • World
  • Friday, 07 Feb 2014

KIEV (Reuters) - Ukraine's central bank said on Thursday it had introduced restrictions on certain types of foreign exchange purchase to help defend the stability of the banking system at a time of volatility in the currency market.

In measures it said followed efforts to stabilise the hryvnia in recent weeks - during which political conflict in Ukraine has alarmed investors - the National Bank of Ukraine also said it would be offering extraordinary tenders to support banking liquidity, with funds available up to 360 days.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Fake videos of Modi aides trigger political showdown in India election
Australian police shoot boy dead after stabbing with 'hallmarks' of terrorism
Togo ruling party wins sweeping majority in legislative poll, final provisional results show
Dead bodies in Mexico most probably are missing U.S., Australian surfers
Roundup: Tanzania battles devastating floods triggered by torrential rains
Think tank report highlights China's approach to modernization
Tropical storm Hidaya weakens as it makes landfall in Tanzania
Feature: Chinese cars gain popularity in Botswana
Torrential rains lash multiple cities in China's Guangdong
First batch of export vehicles under China-Ecuador FTA to set sail

Others Also Read