Crisis-hit Ukraine's central bank on Friday announced it was imposing a limit of around a 1,000 euros on daily bank withdrawals as the national currency plunges to record lows.
The bank said it was slapping a limit of 15,000 hryvna on withdrawals (1,095 euros, 1,400 dollars). The hryvna has plunged nearly 20 percent to record lows since the start of the year as tensions soared between the new pro-West government in Kiev and old master Moscow following the ousting of the country's pro-Russia president.
Crisis-hit Ukraine’s central bank on Friday announced it was imposing a limit of around a 1,000 euros on daily bank withdrawals as the national currency plunges to record lows.
The bank said it was slapping a limit of 15,000 hryvna on withdrawals (1,095 euros, 1,400 dollars). The hryvna has plunged nearly 20 percent to record lows since the start of the year as tensions soared between the new pro-West government in Kiev and old master Moscow following the ousting of the country’s pro-Russia president.
