Ukraine finance minister: Eurobond self-discipline paused after cbank chief’s exit – Reuters
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Ukraine finance minister: Eurobond self-discipline paused after cbank chief’s exit – Reuters

KYIV, July 2 (Reuters) – Ukraine decided to end a Eurobond sale after discovering out of the resignation of Central Monetary institution Governor Yakiv Smoliy and consulting investors, Finance Minister Serhiy Marchenko mentioned on Thursday.

Ukraine has sufficient cash to fulfill its debt tasks and Smoliy’s shock resignation ought to still no longer impact its monetary steadiness, Marchenko told a briefing, adding that the government would work to develop particular the central monetary institution’s independence.

“We’re ready to end and then resolve on what to attain subsequent,” Marchenko mentioned. (Reporting by Natalia Zinets; writing by Matthias Williams; enhancing by John Stonestreet)

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July 15, 2020
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