Moscow Exchange announces suspension of hryvnia trade

Source : 112 Ukraine

The suspension is caused by the lack of interest in trading, the exchange says
09:54, 19 August 2017

Open source

Moscow Exchange is to suspend trade between hryvnia and ruble starting August 21, as the press service of the exchange announced on August 18.

”The suspension is caused by the lack of interest in trading this currency by the participants,” the message explains.

In the end of July-beginning of August, the National bank of Ukraine refused to sell a subsidiary Sberbank company to Russian and Belarusian businessmen. The decision was explained by the fact, that the businessmen didn’t hand in the necessary documents in order to check their adherence to the Ukrainian legislation.

Subsidiary banks of Russian banks are under sanctions in Ukraine since March. In a year they are not allowed to move their capital from the country in favor of the parent organizations.

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