Moscow court arrests man suspected of stabbing hiker to deathSociety & Culture September 19, 16:34
Zapad-2017: Large-scale Russia-Belarus military exercisesMilitary & Defense September 19, 16:31
Rosatom, India agree on construction site for new NPP of Russian designBusiness & Economy September 19, 16:19
Kaspersky Lab expects US Congress to take into account company’s argumentsBusiness & Economy September 19, 15:32
Over 20,000 people evacuated over bomb threats in Moscow and 3 other Russian regionsSociety & Culture September 19, 15:25
Putin calls to ensure independence of defense developments from foreign componentsMilitary & Defense September 19, 15:07
Russia's advanced Sukhoi Su-35S fighter put into operationMilitary & Defense September 19, 14:42
Siberian researchers design key details for Large Hadron ColliderScience & Space September 19, 14:37
Saakashvili vows to take ‘people’s demands’ to Kiev's authorities on October 17World September 19, 13:57
“This measure will increase the reserves of the National Bank of Ukraine and help stabilize the exchange rate,” the Ukrainian premier said.
The Ukrainian hryvnia has been depreciating rapidly lately amid a further contraction in the county’s GDP and the continued armed standoff between east Ukraine self-defense militias and the pro-Kiev troops in the Donetsk and Luhansk regions.
Yatsenyuk earlier said the Ukrainian economy would not be able to function normally at an exchange rate of over 12 hryvnias per US dollar. The Ukrainian currency is currently trading at a rate of 16 hryvnias per US dollar on the black market.
Kiev is pinning hope on a new loan tranche from the International Monetary Fund to stabilize the country’s foreign exchange market. The IMF is expected to consider the loan disbursement on Friday.