The National Bank of Ukraine was unable to start currency trading

Date:

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

Share post:

Subscribe

Electric Scooter XElectric Scooter X

Popular

More like this
Related

Europe’s Tallest Virgin Mary Statue Inaugurated in Rural Polish Village

Europe’s tallest statue of the Virgin Mary has been...

Pope Leo XIV Says Cry of Displaced Children Rises to God

Pope Leo XIV has renewed his focus on the...

UK PM Andy Burnham Reacts to Death of Former Cambridge Professor Jason Arday

UK Prime Minister Andy Burnham has called the death...

Sarah Sjöström Wins 50m Butterfly for 18th European Gold After Motherhood

Sweden’s Sarah Sjöström has added another chapter to an...