Former deputy head of central bank released

UKRAINE - According to Ukrainian TV on Apr 6, a former deputy head of the National Bank of Ukraine, Volodymyr Bondar, was released from arrest. The former banker had to given a written promise that he would not leave the country.

Volodymyr Bondar was accused of making a deal, which was already known to have been unprofitable, with a bank from Cyprus to allocate $75m of gold and currency reserves. Bondar's health had seriously deteriorated and he was taken to hospital and now even the arrest was

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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