KIEV, Oct. 26 ??“ The National Bank of Ukraine??™s top supervisory body Wednesday agreed to measures that would keep foreign exchange market in control when about $4.8 bln in privatization proceeds arrives later this year.
The money, which is supposed to be paid by Mittal Steel, the world??™s largest steelmaker, for 93% stake in Kryvorizhstal, Ukraine??™s steel giant, may put upward pressure on the hryvnia, analysts said.
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