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U.S. senators back buttressing Ukraine’s currency

Posted on 11 April 2014

Two Republican senators want Treasury Secretary Jack Lew to consider bolstering Ukraine’s currency to limit the country’s sensitivity to external factors, including military and financial moves by Russia.
In a letter to Mr. Lew, Sen. Marco Rubio of Florida and Sen. Ted Cruz of Texas say they oppose any moves for Ukraine to further devalue its national currency, the hryvnia. The senators’ letter to Mr. Lew is another sign of the strong backing the Ukrainian government has won in some quarters on Capitol Hill, and particularly among Republicans, amid its continuing struggles with Russia………………………………………..Full Article: Source


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