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Ukraine Capital Control Crunch: Largest Bank Limits Cash Withdrawals To $100 Daily

2-3-2014 < Blacklisted News 260 59 words
 
Privatbank is Ukraine's largest bank and while claiming this move is temporary (just like Cyprus' capital controls), the bank has also ceased new loans amid what it calls "geopolitical instability". In summary, you can't have your money back! Expect long angry lines at Ukrainian banks on Monday morning (and at the pace of collapse in the Hyrvnia, hyperinflation next).
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