IMF Pressures Ukraine to Devalue Currency Ahead of Loan Negotiations

The International Monetary Fund (IMF) is urging Ukraine to devalue its currency, the hryvnia, as a condition for a new loan. This pressure could exacerbate economic challenges, leading to increased inflation and a higher cost of living for citizens. As Ukraine prepares for crucial loan discussions, the situation underscores the influence of international financial institutions on its monetary policy amidst ongoing conflict.