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REUTERS REVEALS ECB READY TO SET UP MONEY EXCHANGE FOR UKRAINIAN REFUGEES WITH
EU GUARANTEE

by DailyBriefers March 29, 2022
March 29, 2022 9 comments


Business & Finance

29 March 2022, 6:44 am. 1 minute

By Reuters News Agency

Reuters exclusively revealed that the European Central Bank is ready to organise
a scheme for millions of Ukrainian refugees to exchange their hryvnia currency
into euros if the EU gives the ECB a guarantee that would cover the bank’s
risk. Almost 4 million Ukrainians have fled the Russian invasion into the EU but
they face problems with exchanging money because few banks want to buy the
currency of a country engulfed by war.





Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & FinanceFinancial Services

Regions: Europe

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story


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