kayhan.ir

News ID: 11409
Publish Date : 25 February 2015 - 21:06

First Day With No Troops Killed Under Ukraine Truce

KIEV (Reuters) – A long-awaited truce took hold at last in east Ukraine on Wednesday, with the army reporting no combat fatalities for the first time in weeks, but the news did nothing to halt a currency collapse that forced the central bank to ban most trading.

The Ukrainian military said the past 24 hours were its first day without combat fatalities for several weeks, since long before the truce was meant to take effect on Feb 15. Only one soldier had been wounded.
In rebel-held eastern Ukraine, rebels were withdrawing heavy guns from the front. Kiev said it was too early to do likewise, but its acknowledgement that most of the front was quiet suggests it too could implement a truce that had appeared stillborn when the rebels launched a major offensive last week.
The cautious good news from the front has come amid dire economic consequences for a country teetering on bankruptcy.
With the hryvnia currency in free fall as investors flee, the central bank called a halt by banning banks from buying foreign currency on behalf of clients for the rest of this week.
Prime Minister Arseny Yatseniuk said the ban was bad for the economy. He had learned about it on the Internet and would demand an explanation from central bank chief Valeria Gontareva.
The central bank said the move was necessary to stabilize the currency amid "unfounded" demand for foreign exchange.