Ukrainian central bank says lenders and payments remain stable

Shevchenko warns over foreign currency pricing as Russia increases reinsurance capital

The National Bank of Ukraine
The National Bank of Ukraine
Photo: Oksana Parafeniuk

Ukraine’s central bank governor announced it was holding its policy rate and supporting banking liquidity, saying banks remained despite the Russian invasion.

The National Bank of Ukraine also announced new measures to support liquidity in the banking sector and warned firms against pricing goods in foreign currencies. Governor Kirill Shevchenko also called for financial institutions to stop supplying foreign currency in cash to Russian firms.

Russia’s central bank announced that it would

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