Ukraine's Hryvnia falls to record low as Russian intervenes

Source: Reuters
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.

Back to articles

Actual Topics

Mon, 03 Mar 2014 17:56:16 GMT

Bank of Russia raises rates by 150 basis points

The central bank of Russian increased its benchmark interest rates unexpectedly on Monday amid raising concerns over possible war conflict in neighboring Ukraine pushing the country's currency Ruble towards the historical low versus the U.S. Dollar. The Bank of Russia raised the rate by 150 basis points from 5.50% to 7.00%.

Mon, 03 Mar 2014 17:32:38 GMT

Russian stocks and currency fall on Ukraine tension

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.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.