Ukraine's currency hits new historic low

13:44, 28 November 2008
Ukraine
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At 7.5-7.6 to the dollar on the interbank market

Ukraine`s hryvnia currency sank to a new historic low on Friday at 7.5-7.6 to the dollar on the interbank market, dealers said, against a low hit the previous day of 7.25-7.5, according to Reuters.

The currency has been falling since September as the chief suppliers of the dollar to the market, foreign investors and exporters, reel from the global financial crisis.

Reuters via Hemscott

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