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Citibank (Kyiv) increased its profit in hryvnia by 14% during the first half of this year,

compared to January-June of last year, according to its filing to the National Securities and Stock Market Commission. Contributing to the UAH 769 million [$28.6 million] profit was $4.3 million in profits on foreign exchange transactions and a nearly 5-fold increase – to $4.2 million — in profits in transactions with financial instruments recorded at fair value.

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