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Ukraine's central bank chief Kyrylo Shevchenko resigns.

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Shevchenko, the chairman of the National Bank of Ukraine, attributed his resignation to “health reasons”. Shevchenko told Bloomberg on Dec. 10 that he had endured political pressure since his appointment in 2020. In October 2021, Bloomberg reported that President Volodymyr Zelensky wanted to fire Shevchenko. Zelensky has publicly questioned Shevchenko’s performance and even said that he regretted appointing him. However, Zelensky said in November 2021 that he had no immediate plans to replace Shevchenko but may change his opinion in a month.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Ukraine is striking oil refineries deep inside Russia — but it’s not really the oil they’re after. The Kyiv Independent’s Dominic Culverwell explains how Ukraine’s drone campaign targets the high-tech equipment Russia cannot easily replace under sanctions.

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