Ukraine eases domestic currency and forex restrictions
Move possible because of ‘recovery of confidence’ in Ukrainian banks
Ukraine's central bank has loosened restrictions on maximum deposit withdrawals in both foreign and domestic currency. These measures, the central bank said, were possible because of a "gradual recovery of confidence" in the country's banks.
The maximum amount of domestic currency a customer can withdraw on any given day doubled from approximately 3,000 hryvnia ($114) to 6,000 hryvnia ($228) on March 5. The maximum withdrawable amount in foreign currency will also increase, from approximately
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