Breaking news from Kiev, Ukraine's central bank offered to buy dollars on Wednesday at a rate of 21.7 hryvnia to the dollar, hours after it banned nearly all commercial currency trading until the end of the week.
The bank's offer means sellers, potentially including exporters who are required to sell 75 percent of their hard currency income, would receive about a third less than at the last currency or forex market exchange rate recorded before the ban
Ukraine's central bank offered to purchase dollars on Wednesday at a rate of 21.7 hryvnia to the dollar, hours after it banned about all business currency exchanging until the end of the week.
The central bank offer means sellers, conceivably including exporters who are obliged to offer 75 percent of their hard cash pay, would get around a third not as much as at the last market conversion standard recorded before the ban.
source : reuters
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