Swedish central bank to end Ukraine agreement on Dec. 21
By:Reuters
Updated: Nov 30, 2022, 09:51 UTC•1min read
OSLO (Reuters) – The Swedish central bank said on Wednesday it will end a foreign exchange agreement with its Ukrainian counterpart (NBU) on Dec. 21.
Most Popular
EUR/USD
$1.07951
-1.07%
Bitcoin
$23,315.87
-0.89%
S&P 500
$4,136.48
-1.03%
Natural Gas
$2.4975
-2.67%
OSLO (Reuters) – The Swedish central bank said on Wednesday it will end a foreign exchange agreement with its Ukrainian counterpart (NBU) on Dec. 21.
“The demand for exchanging hryvnia has declined substantially now and NBU has therefore announced that they wish to cancel the agreements with the Riksbank and other European central banks,” the Swedish Riksbank said in a statement.
(Reporting by Terje Solsvik, editing by Essi Lehto)
Advertisement
Don't miss a thing! Sign up for a daily update delivered to your inbox
Loading
Loading
Loading