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Long term, a world recession could drag down prices for Ukraine’s main commodity exports – food and metals.

Tuesday, March 10, 2020
Long term, a world recession could drag down prices for Ukraine’s main commodity exports – food and metals.

Long term, a world recession could drag down prices for Ukraine’s main commodity exports – food and metals. A recession could come about from an economy battered by spreading coronavirus restrictions and the collapse in energy prices. Starting today, all of Italy is under lockdown as the government seeks to contain coronavirus. The Saudi-Russia feud that triggered the oil collapse shows no sign of easing.

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Wednesday, March 11
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With the hryvnia down almost 7% against the dollar this year, the central bank intervened Tuesday morning, selling $250 million in foreign currency reserves.

With the hryvnia down almost 7% against the dollar this year, the central bank intervened Tuesday morning, selling $250 million in foreign currency reserves.

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