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

February 26, 2015 2:31 AM

17 0

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.

Read more

To category page