Jun 25 (Reuters) – (Changes source)
KIEV, June 25 (Reuters) – Ukraine’s central bank has cut
limits on local banks’ long foreign currency positions to 5
percent of regulatory capital from 20 percent, according to a
document obtained by Reuters.
The move is aimed at “maintaining stability on the foreign
exchange market”, according to the central bank’s decree which
takes effect from June 29 and gives bank 30 days to adjust their
positions.
(Reporting by Yuri Kulikov; Writing by Olzhas Auyezov; Editing
by Sanjeev Miglani)