Ukraine banks want rule change - FT

10:45, 20 May 2009
Ukraine
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The talks continue

Ukrainian banks warn that they will find it increasingly difficult to service more than $10bn in foreign debt obligations because of central bank rules, The Financial Times reported. Jacques Mounier, bank committee co-chairman at the American Chamber of Commerce in Ukraine, said the rules were "forcing banks to enter into foreign exchange positions which, in today`s world, look strange".

The central bank said talks were continuing.

The Financial Times

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