As the country's hryvnia currency plunged to record lows on Thursday, the central bank announced that its reserves had last month fallen by a whopping 14.8 per cent to just $6.42bn, reports Roman Olearchyk in Kiev.
That's far below the three months of import cover that is covered the minimum safe threshold. It's actual liquid foreign currency reserves are even lower, at $5.4bn, with the remainder in gold and so-called "special drawing rights" .... http://www.ft.com
