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Ukraine faces risk after lawmakers seek to probe NBU governor: BofA
Journal Staff Report

KYIV, June 19 Bank of America (BofA) said the decision of the parliamentary committee to back a draft resolution the assessment of the work of Governor of the National Bank of Ukraine (NBU) Yakiv Smolii, where it is advised to create an interim panel to investigate into activities of the leadership of the central bank is an additional risk.

According to a global study of BofA, the rating of Ukrainian securities was moved to Marketweight from Overweight.

According to the study, the decision of the committee was the final straw for downgrading Ukraine's rating.




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