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Ukraine sees echoes of the 1990s as financial crisis bites

Hryvnia currency dives further after central bank steps in; banks no longer lending; businesses hit hard


A CRIPPLING financial crisis in Ukraine is turning the clock back to the 1990s, when people kept dollars in their socks rather than at banks and smuggled cars to sell them on the black market and avoid the tax man.

When the Soviet Union collapsed in 1991, leaving the command...

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