Category: Currency Currents

Consuming Forces Shaking Ukraine, Germany ... and China

You're probably kicking yourself for holding on to those hryvnia for a couple days too many.

If you don’t know what I’m talking about, I’ll tell you: Ukraine’s currency – hryvnia – took a nosedive. In the last two days its value has plunged 17%. And even though Ukraine’s President pledged to support the currency, it fell to an all‐time lows versus the US dollar.

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