February 05, 2015 BY Andrew Saks-McLeod

Ukraine's Hryvnia falls more than 45% versus the USD

National Bank of Ukraine Governor Valery Gontareva stated that the central bank can no longer support the currency with regular interventions and will now begin to allow greater variations in value, a statement which initially created a 34% decrease in value compared to the dollar, before further free fall took the currency down by 45%

Read more