Banknotes: April to June 2022
A round-up of news and salient issues that have affected central bankers in the past three months
The International Monetary Fund approved $1.4 billion in emergency credit for Ukraine on March 9. IMF managing director Kristalina Georgieva said the loan would “help fill the financing gap and mitigate the economic impacts of the war”. She praised Ukraine’s central bank for its work under wartime conditions.
Bank of Russia partially reverses rate hikes and some emergency measuresThe Bank of Russia reduced its benchmark rate by 3%
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