Ukraine is preparing to ramp up its borrowing, its new acting finance minister told Reuters on July 23, with plans to restart bond issuance in euros and look at issuing debt in currencies such as China’s yuan for the first time.
Oksana Markarova said the country would borrow in dollars but also step up issuance in its domestic currency as it looks to manage hefty debts and reduce its sensitivity to exchange rates, which arises from much of its borrowing being dollar-denominated.
