Monday, January 12, 2015

Ukraine Default Risk Soars As Reserves Collapse 63% YoY

Amid contingent offers of more bailout loans from Europe, and a looming $3bn debt repayment to Russia, Ukraine's default risk has surged once again to post-crisis record highs. With missing gold anddespite foreigners encouraging investmentUkraine's reserves are in total freefall as this morning's data shows a new low and down a stunning 63% year-over-year.


Not what Obama wanted...

Chart: Bloomberg

No comments:

Post a Comment