Dean, who is from Gwent, Wales, said: "We were met by an intimidating man who took 1,000
Ukrainian hryvnia (roughly [pounds sterling]28) from us and didn't speak a word of English.
Here's a rough Pound to
Ukrainian hryvnia conversion chart.
The central bank, similar to other central banks, issued a warning stating that only the
Ukrainian hryvnia can be used for payments and various business activities in the country and that the currency cannot be replaced with bitcoin.
The weak
Ukrainian hryvnia reduced the company's production costs at its Mukacheve site in south-western Ukraine.
Banks scrambled to introduce the rouble as an official currency alongside the
Ukrainian hryvnia, although the switch could take place at the end of the month after March pensions and salaries are cleared, banking sources said.
News of the fresh credit from Russia failed to cheer the currency market, where the troubled
Ukrainian hryvnia fell by up to 1.6 percent against the dollar on Tuesday, Reuters trading system showed.
News of the fresh credit fromRussiafailed to cheer the currency market, where the troubled
Ukrainian hryvnia fell by up to 1.6 per cent against the dollar on Tuesday, Reuters trading system showed.
It added that "based on our expectations of Russia's support" Standard and Poor's no longer expected a devaluation of the
Ukrainian hryvnia.
