Daily Insight -- Dollar depreciates beneath 26.5
Last week, the hryvnia moved quite differently. However, by the end of the week it strengthened by 0.8%. At the beginning of this week, after a long weekend, it continued to strengthen and rose against the US dollar by 0.2% to 26.4843 USD/UAH. On the local FX market, there is high demand for the hryvnia, so even the strengthening of the dollar in global markets did not hold back the growth of the national currency. Thus, the hryvnia sold for 26.6USD/UAH versus 26.72 to buy in the Ukrainian cash market. Its CPI-based real trade-weighted index rose 0.44% to 105.68; in year-on-year terms, it is up 2.37% from 103.18 last year.
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