CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

Protest against devaluation

Published: 02 Jul 2014 - 02:10 am | Last Updated: 23 Jan 2022 - 04:55 pm

Ukrainian borrowers stage a protest against the devaluation of the national currency Hryvnia (UAH), in Kiev, Ukraine. Borrowers, who lend US dollars at a bank for a fix credit rate, now have to return much more as the currency rate grew from 5,05 UAH to 11,85 UAH per US dollar.

Ukrainian borrowers stage a protest against the devaluation of the national currency Hryvnia (UAH), in Kiev, Ukraine. Borrowers, who lend US dollars at a bank for a fix credit rate, now have to return much more as the currency rate grew from 5,05 UAH to 11,85 UAH per US dollar.