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View Full Version : Ukraine's Hryvnia May Slide 6% on Current Account, RenCap Says - Bloomberg



NewsWhore
10-14-2011, 01:10 PM
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Ukraine&#39;s Hryvnia May Slide 6% on Current Account, RenCap Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFvXbSFmAvmD9d7YyphNVbHp-9C8w&url=http://www.bloomberg.com/news/2011-10-14/ukraine-s-hryvnia-may-slide-6-on-current-account-rencap-says.html)
Bloomberg
The central bank&#39;s reserves fell to $34.95 billion in September from $38.2 billion a month earlier and may slide a further $7 billion by year-end as it sells foreign currency to stem the Hryvnia&#39;s retreat, Golovach said. “Any sharp devaluation could ...

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