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View Full Version : Ukraine’s Hryvnia Drops to Record Low on Moody’s Rating Warning - Bloomberg



NewsWhore
02-24-2009, 06:40 AM
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Ukraine’s Hryvnia Drops to Record Low on Moody’s Rating Warning (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DadGgDOODCrZ0%26refer%3Deurope&cid=0&ei=Qd2jSZWlDZj4MoLAoNEL&usg=AFQjCNGk3G1od2t1e7rXRR1WWjEBcGzGYQ)
Bloomberg
The currency dropped 3 percent to 9.2325 per dollar at 11:45 am in Kiev, below the lowest close of 9.1000 in December. The hyrvnia has lost almost 50 percent against the dollar in the past six months as reduced demand for exports and a lack of foreign ...


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