This financial hurricane catches Ukraine without an Economy Minister or an Energy Minister.

Tuesday, March 10, 2020
This financial hurricane catches Ukraine without an Economy Minister or an Energy Minister.

This financial hurricane catches Ukraine without an Economy Minister or an Energy Minister. After last week’s Cabinet purge President Zelenskiy has yet to find replacements. Timothy Ash writes from London: “Who advised Zelenskiy to make this move at such a terrible time in global markets with coronavirus?”

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With the hryvnia down almost 7% against the dollar this year, the central bank intervened Tuesday morning, selling $250 million in foreign currency reserves.

With the hryvnia down almost 7% against the dollar this year, the central bank intervened Tuesday morning, selling $250 million in foreign currency reserves.

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