WARSAW, April 6 (Reuters) - Poland's central bank said
on Thursday it has extended a swap line with the National Bank
of Ukraine (NBU) on the hryvnia/U.S. dollar currency pair for
another year.
The National Bank of Poland (NBP) granted its Ukrainian
counterpart a swap line of up to $1 billion shortly after
Russia's invasion of Poland's neighbour in February 2022.
"Although the NBU did not use these funds, the support from
the Polish central bank became a safety cushion for the
Ukrainian financial sector," NBP said in a statement.
The terms of the swap line remain unchanged and there is an
option to extend it again.
(Reporting by Alan Charlish
Editing by Mark Heinrich)
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