Lavrov, Zarif and Muallem hold joint press conference following meeting in MoscowWorld October 28, 13:33
St. Petersburg shipyard lays keel of new-type corvetteMilitary & Defense October 28, 13:18
Lavrov hopes to work out constructive solution on Syria at meeting with Muallem, ZarifRussian Politics & Diplomacy October 28, 13:15
Press review: expansion of Turkey's military operation in Syria and new sanctions' put offPress Review October 28, 13:00
Gazprom says Turkey requested increase in gas suppliesBusiness & Economy October 28, 12:58
Assad thanks Putin for assistance in fighting terrorism — Syrian top diplomatWorld October 28, 12:21
Poll suggests more than 80% of Russians approve of Vladimir Putin’s policySociety & Culture October 28, 12:14
Russian scientists will track sea lions from spaceScience & Space October 28, 11:32
Russian military pilots to meet returning Soyuz-MS spacecraft crew in KazakhstanScience & Space October 28, 10:49
“We planned to allocate another tranche according to that arrangement. Yet in the current situation we have many questions as to how the money will be used and how it will be paid back," said Siluanov.
Conditions for the second tranche were similar to those of the first, namely a two-year loan at a rate of 5 percent per annum, Siluanov added.
He also doubted the feasibility of currency interventions to support the hryvnia amid political instability.
“The national bank of Ukraine can now make efforts to bolster the hryvnia, but demand for foreign currency amid political uncertainty will remain high,” he said. “Therefore, interventions can prove a waste of gold and currency reserves that will lead to nothing and will not prevent the hryvnia's devaluation.