Will be dropping by Kiev to discuss a new financial aid program next week, so says Interfax via Reuters.
Ukraines finance minister Shlapak is counting on negotiations continuing with Russia on financial cooperation and gas issues. He also sees financial market stabilising and the Hryvnia strengthening to $/10
The more we see words like “cooperation” and “negotiations” in comments the more relaxed the market will get. I suspect it’s some part of the recovery we are seeing at the moment.
Update: The finance minister says the IMF package could be around $15bn
