Back to normal: Cyprus lifts capital controls two years after EU bailout

Almost a year after Cyprus lifted restrictions on domestic deposits, capital control rules relating to international deposits in Cyprus will follow on April 6, signaling the end of the measures taken in March 2013 when Laiki Bank and Bank of Cyprus became insolvent resulting in a depositor bail-in

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IMF ready to throw Ukraine a lifeline

The capital control laws which banned the vast majority of FX trading between banks in Ukraine were lifted just hours after implementation, and now the Ukraine awaits the the first disbursement under a $17.5 billion IMF bailout. The IMF has declared that it is ready to assist Ukraine with its foreign currency issues

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