Ukraine central bank defends currency trading ban


KIEV (Reuters) - Ukraine's central bank defended its decision on Wednesday to ban most foreign currency trading for the rest of the week, after sharp criticism of the move by Prime Minister Arseny Yatseniuk.

The bank's website updated the announcement of the move to add a justification, saying the decision was taken to "maintain the stability of the currency market and limit unfounded demand for foreign currency on the part of bank clients, which is causing a lack of balance in the interbank currency market."

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!

Others Also Read