Arab Today, arab today ukraine devalues currency to record low
Last Updated : GMT 07:37:00
Arab Today, arab today
Arab Today, arab today

Ukraine devalues currency to record low

Arab Today, arab today

Arab Today, arab today Ukraine devalues currency to record low

Kive - XINHUA

The National Bank of Ukraine on Thursday devalued the local currency, the hryvnya, to an all-time low against the U.S. dollar and the euro. The bank moved down the official rate of the hryvnya currency by 6 percent to about 12.6 per dollar, while the new exchange rate against the euro was pegged at 17.4, compared with Wednesday's figure of 16.3 hryvnya per euro. The bank's move comes shortly after the hryvnya fell to a record low against the basket of two currencies during the recent interbank currency exchange trading. During the trading session, the hryvnya depreciated 6.5 percent against the dollar to 13 and was 4 percent weaker at 18.02 per euro. Local economists said that the unstable political, economic and security situation in Ukraine, including tension with Russia, caused the devaluation of the hryvnya. The hryvnya has lost more than 37 percent of its value against the dollar since the end of last year, when it was worth around 7.99 a dollar.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ukraine devalues currency to record low Arab Today, arab today ukraine devalues currency to record low

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ukraine devalues currency to record low Arab Today, arab today ukraine devalues currency to record low

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday