Economic Woes The Uncertain Future of Ukraine's Finances

With rapidly shrinking currency reserves and a capital flight problem, Ukraine faces an uncertain financial future. The IMF plans to send a "fact-finding mission" to Kiev next week, but will it be enough?
Ukrainian Central Bank governor Stepan Kubiv during a press conference on Friday announcing new withdrawal limits.

Ukrainian Central Bank governor Stepan Kubiv during a press conference on Friday announcing new withdrawal limits.

Foto: STRINGER/ REUTERS

Ukraine Currency Reserves (in billions of dollars at the end of the year listed)

2007 32.4
2008 31.5
2009 26.5
2010 34.6
2011 31.8
2012 24.5
2013 18.8
End of January 2014 17.8
End of February 2014 around 15
Source: IMF, World Bank, Bloomberg, Ukrainian Central Bank
Translated from the German by Ella Ornstein