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Ukraine bank allows currency to slide to record low

KIEV - Ukraine's national currency fell on Tuesday to a record low against the dollar, the strife-torn country's central bank said.


The National Bank of Ukraine said the average weighted exchange rate on the interbank market was 13.14 hryvnia to the dollar. The bank has said that it has no plans to drop its floating exchange rate policy after scrapping the dollar peg in February.


 

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