Of 11 former Soviet republics, Ukraine had the best performing currency and Russia had the worst performing currency during the first half of this year
Tuesday, July 3, 2018

Of 11 former Soviet republics, Ukraine had the best performing currency and Russia had the worst performing currency during the first half of this year

Of 11 former Soviet republics, Ukraine had the best performing currency and Russia had the worst performing currency during the first half of this year, Bloomberg reports. The three Baltic nations were excluded from the survey because they use the Euro. Although oil prices are high – around $78 a barrel – the Russian ruble has been hit by US sanctions, Bloomberg analyzes. Of the 11 currencies, the best performers against the dollar were: Ukrainian hryvnia – +7.14%, Georgian Lari – +6.1% Moldovan Leu – +1.69% and Kyrgyzstani Som – +1.41%.

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