The capital control laws which banned the vast majority of FX trading between banks in Ukraine were lifted just hours after implementation, and now the Ukraine awaits the the first disbursement under a $17.5 billion IMF bailout. The IMF has declared that it is ready to assist Ukraine with its foreign currency issues
Read moreThe freefall of Ukraine's national currency, the hryvnia, has been so drastic over the last few weeks that the nation's central bank has imposed rulings which ban the purchasing of foreign currency for their clients
Read moreNational Bank of Ukraine Governor Valery Gontareva stated that the central bank can no longer support the currency with regular interventions and will now begin to allow greater variations in value, a statement which initially created a 34% decrease in value compared to the dollar, before further free fall took the currency down by 45%
Read moreIn a somewhat unusual announcement, eToro refers to geopolitical tensions at a poignant time in which the company adds ruble and yuan currency pairs to its product range
Read more"News about the de-escalation of the (Russia-Ukraine) conflict should be taken well by market participants," Grigory Birg, an analyst at Investcafe said to Reuters.
Read moreJust a few months after severe unrest plagued Ukraine, its central bank has stated that there is no requirement for intervention and that its FX market is stabilizing The Ukrainian central bank sees no need for intervention on the currency market, which has shown signs of stabilization, a bank official has stated today according to…
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