Russian stocks and currency fall on Ukraine tension

Source: Reuters
Russian shares and government bonds declined on Monday trading session as the Russian central bank raised benchmark interest rates and supported the country's currency through $10 billion injection on geopolitical tension in neighboring Ukraine. The Russian stock index MICEX slipped 11.5% to 1,280 and the Rubble fell 2% to 36.49 a U.S. Dollar.

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Mon, 03 Mar 2014 17:56:05 GMT

Ukraine's Hryvnia falls to record low as Russian intervenes

The Ukraine currency Hryvnia declined on Monday trading session falling towards the lowest level all-time after the Russian Federation intervened into Ukraine's Crimea peninsula raising concerns over possible war conflict as the Russian President Putin declares his troops had right to enter the country. The Hryvnia slipped from Friday's 10.8510 a U.S. Dollar to 11.6510.

Mon, 03 Mar 2014 17:32:27 GMT

Dollar rises as investors seek for safe-haven

U.S. Dollar advanced on Monday trading session together with the Japanese Yen as investors seek for safe-haven assets after the Russian Federation entered Ukraine's Crimea peninsula raising political tension in the country. The so-called Greenback increased pushing the Dollar index 0.3% higher to 79.885, while the Yen added as much as 0.6% against the Euro to 139.67.

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