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Ukraine Currency Crashes To Record Low

February 25, 2014
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Source: Zero Hedge

Russia’s earlier “default” warning (or threat) has not just impacted Ukrainian bonds but the currency is crashing. The Hyrvnia is down a stunning 6.8% today – the biggest drop since Feb 2009 – to a record low 9.8 to the US Dollar. This crisis is far from over and we would expect capital controls in 3…2…1…

 

Ukraine Currency Crashes To Record Low 20140225 UAH 0

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