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You're reading: Monday’s headlines: Novinsky wins elections in Sevastopol; NBU reserves dip in June; Local official beaten to death in Donbas region
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The National Bank of Ukraine’s foreign currency
reserves fell almost 6 percent in June,
writes
Kommersant. As a result, reserves now stand at a six year low of $23.2 billion.
The main drivers of the fall were external debt redemptions as well as reduced
capital inflows into the country. Experts believe that further repayment of the
International Monetary Fund’s loans, as well as other obligations, could drive
reserves below $20 billion before the end of the year, increasing devaluation
pressures.

Unidentified men beat Party of Regions local
official Oleksandr Aksonov, resulting in his death
, writes
Tyzhden. According to local media reports, on Saturday night Aksonov had barred
a road with his tractor to local heavies, who got out of their car and beat the
local official.

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