Dollar climbs after Crimea vote, hryvnia sinks

The U.S. dollar pushed higher on Monday on waning concerns by investors over Ukraine, after early results of Sunday’s referendum showed voters in Crimea voting to join Russia. The dollar pushed to 101.62 yen against ¥101.40 seen late Friday.

The yen pushed higher last week as tensions rose ahead of that Crimea vote. The ICE dollar index , which tracks the U.S. unit against six rivals, was largely steady at 79.490 from 79.493 on Friday. The euro , meanwhile, slipped to $1.3900, from $1.3910 on Friday. The Ukrainian hryvnia fell 6% against the dollar to 9.839 per dollar, while the Russian ruble slipped 0.3% to $36.65.

Source : Marketwatch

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