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GISMETEO.RU
UJ Week
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Business    

Ukraine stock decline caused by last year’s bubble, says regulator
Journal Staff Report

KIEV, Sept. 22 – The decline of the Ukrainian stock market by 70% in 2008 can be explained mainly by unwarranted speculation last year, when the market soared by 135.4%, says Serhiy Biriuk, a member of the State Commission for Securities and the Stock Market.

"Such increases are signals of such declines. One should not have spun away the market without any reason," he said at an annual conference organized by the PFTS stock exchange in Alushta on Friday.




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Currencies (in hryvnias)
  28.03.2024 prev
USD 39.23 39.14
RUR 0.425 0.422
EUR 42.44 42.44

Stock Market
  27.03.2024 prev
PFTS 507.0 507.0
source: PFTS

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