Germany announces currency conversion scheme for Ukrainian refugees
Published on: Sunday 22 May 2022
Refugees who have fled the war in Ukraine can change their Ukrainian hryvnia into euros in Germany starting Tuesday, according to a statement from the Finance Ministry in Berlin and German banks. The ministry agreed to the exchange programme together with the central banks of Germany and Ukraine as well as the German Banking Industry Committee, the joint statement said. The agreed exchange volume has been initially set at 1.5 billion hryvnia ($50.78 million) and the scheme is to stay in place for at least three months, it added.
News source: https://finance.yahoo.com/news/germany-announces-currency-conversion-scheme-111650002.html
