Ukraine's Economy Continues To Fall Apart

Reuters: Ukraine under pressure from currency fall, gas supply threat



KIEV/MAKIYVKA, Ukraine (Reuters) - Ukraine came under increasing economic pressure from a collapsing currency and a threat to its gas supplies from the Kremlin on Wednesday, just as a long-awaited ceasefire took hold in the east.



As the truce appeared to be coming into force, the Ukrainian army reported no combat fatalities in the past 24 hours, but the news did nothing to halt a currency slump that forced the central bank to ban most trading before intervening to prop up the hryvnia.



WNU Editor: As the Ukraine economy continues to crater, I expect to see more of this .... Anti-government protest in downtown Kiev escalates on the streets of Kiev (ITAR-TASS), and more images like this .

More News On Ukraine's Economy

Putin threatens to cut gas to Ukraine as showdowns shift to economy -- Washington Post

Ukrainian Currency Plunges After Capital Controls, Minimum Wage Below Ghana -- Sputnik

Ukraine central bank defends currency trading ban -- Reuters

Ukraine prime minister denounces central bank ban on currency trade -- Reuters

Ukraine central bank offers to buy dollars at rate of 21.7 hryvnia -- Reuters

Ukraine says package prepared to stabilize currency market -- Reuters

Ukraine central bank reports small hryvnia deals at stronger rate -- Reuters