Wexler Group, Ukraine’s largest importer of petroleum products, has resumed importing diesel from Russia, ending a 4-month suspension,

Thursday, December 12, 2019
Wexler Group, Ukraine’s largest importer of petroleum products, has resumed importing diesel from Russia, ending a 4-month suspension,

Wexler Group, Ukraine’s largest importer of petroleum products, has resumed importing diesel from Russia, ending a 4-month suspension, the group reports. Imports stopped Aug. 1 after Russia imposed a 3% duty on diesel deliveries to Ukraine. The group takes the diesel from Belarus into Ukraine’s 822 km Prykarpatzahidtrans oil pipeline for distribution in Zhytomyr, Rivne, Khmelnytsky, Lviv, Ternopil and Zakarpattia regions.

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Effective today, the central bank cuts its prime interest rate by a whopping 200 bps, to 13.5% from 15.5% -- twice deeper than forecast by a Bloomberg poll of economists.

Effective today, the central bank cuts its prime interest rate by a whopping 200 bps, to 13.5% from 15.5% -- twice deeper than forecast by a Bloomberg poll of economists.

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