Ukraine heaps on economic pressure as central bank confuses, truce takes hold


  • World
  • Thursday, 26 Feb 2015

KIEV/MAKIYVKA, Ukraine (Reuters) - Ukraine came under greater economic pressure after unexpectedly banning most currency trading and then abruptly reversing course, wreaking havoc on the hryvnia, just as a truce in the east took hold on Wednesday with no combat fatalities reported.

With the long-awaited ceasefire coming into force, Russian President Vladimir Putin once again threatened gas supplies for the fourth time in a decade if Moscow did not receive advance payment.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Australia's lower house passes tougher gun control laws in response to Bondi mass shooting
Russia hits Kyiv with drones and missiles, cutting power, water supplies
Syria says 120 Islamic State detainees escaped prison; Kurdish website said 1,500 escaped
Young workers most worried about AI affecting jobs, Randstad survey shows
Moldova proceeds with withdrawal from Russia-led CIS group
Sydney beaches stay closed after three shark attacks in two days
Canada's CPI rises 2.4 pct in December
4.2 million children, women in Sudan face acute malnutrition in 2026
Feature: Thousands protest in Greenland against U.S. takeover bid
Serbia reaches preliminary deal to sell majority stake in NIS to Hungary's MOL

Others Also Read