Negotiations Between Russia And Ukraine Stirred The Markets

Negotiations between Russia and Ukraine stirred the markets. Representatives of Russia and Ukraine gathered in Istanbul today.

The representatives of Russia and Ukraine, who met in Istanbul today, made a statement after the face-to-face meeting. The Ukrainian delegation said that the results of the meeting held in Istanbul today are sufficient for a meeting at the leaders' level. Noting that they have not yet reached an agreement on the security guarantee, the Ukrainian delegation stated that they would like to see Turkey among the guarantor countries. The Russian delegation, on the other hand, stated that the talks were constructive and that they would convey the demands to Putin, and that a meeting at the level of leaders could only be possible if an agreement was signed by the foreign ministers. At the same time, the Russian Ministry of Defense announced that operations in Kyiv and Chernihiv would cease. After the statements of the Russian and Ukrainian delegations and the Russian Ministry of Defense, there was activity in the markets. After today's meeting, which is seen as a step towards peace, the ruble rose, while gold, oil and dollar declined. The USD/TL rate decreased to 14.58 as the first reaction after the news.     Source: Investing.com