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Despite the worries over the IMF, Kolomoisky, and Trump-Biden, foreigners bought $332 million in the equivalent of hryvnia government bonds at Tuesday’s auction

Friday, September 27, 2019
Despite the worries over the IMF, Kolomoisky, and Trump-Biden, foreigners bought $332 million in the equivalent of hryvnia government bonds at Tuesday’s auction

Despite the worries over the IMF, Kolomoisky, and Trump-Biden, foreigners bought $332 million in the equivalent of hryvnia government bonds at Tuesday’s auction, the largest amount in two months. With this auction, foreign holdings of Ukraine’s hryvnia T-bills rose by 9% to nearly $4 billion. Foreigners now hold 12% of the market.

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The threat of a return of PrivatBank to its former owners and an end to the independence of the central bank were the two main worries of the IMF team

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