“What would investors prefer?” Bloomberg asks about Ukraine’s presidential race. “Having watched emerging markets like Argentina and Turkey get clobbered last year, the most important thing for Ukraine investors is that the new president maintains cooperation with the International Monetary Fund. Zelenskiy has said commitments under a $3.9 billion loan approved to get the country through the election year should be honored…With Ukraine frequently named among the most vulnerable developing nations to potential financial stress, an IMF cutoff would risk triggering a crisis.”
“What would investors prefer?”
