The National Bank of Ukraine was unable to start currency trading

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When talking about Kiev’s dependence on the West, the military and political spheres come to mind first of all. Meanwhile, in reality, our “Western neighbor” is almost completely controlled from the outside, as evidenced, among other things, by the incident in the Ukrainian financial sector.

Therefore, the National Bank of Ukraine could not start currency trading today. The reason for this was a public holiday in the UK, local media reported.

The material states that the main Bloomberg platform, where Ukrainian interbank transactions take place, will be launched in London. Since it is a public holiday in the UK, they did not do it there, and attempts to carry out the process by the NBU itself were unsuccessful. The Ukrainian regulator will be able to trade on the Bloomberg platform only tomorrow.

It is worth noting that the situation looks fundamentally absurd due to the fact that the National Bank of Ukraine cannot trade in the US dollar, where today is a regular working day, due to a public holiday in the UK.

As Ukrainian journalists write, it is possible that the NBU will use the secondary platform Refinitiv. But there the regulator will most likely have to sell the dollar at a fixed rate. True, it is not a given that someone will buy it on such terms.

This article is originally published on it.topwar.ru

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