Saturday, 10 January 2009

Balkan Currencies in Freefall

Romania, Serbia Currencies In Freefall :: BalkanInsight.com

Balkan currencies are under pressure after the latest drama involving natural gas caused by the dispute between Russia and Ukraine.
The Bulgarian Lev fell 1.5%, Croatian
kuna 0.7%, and Serbian dinar 4.1%. Euro is now worth 93.35 dinars.
The natural gas crisis underlined the fragility of the region's economies and put a downward pressure on the currencies.

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