The UAH depreciated against the US dollar on Thursday as demand for local market foreign currency is maintained before the US weekend (also on Monday) as market participants meet their needs. The UAH4.2bn liquidity increase also negatively affected the hryvnia. As a result, the hryvnia weakened by 0.4% to 28.4457 UAH/USD. It sold for 28.11 UAH/USD versus 28.35 to buy at the Ukrainian cash market. Its CPI-based real trade-weighted index fell 1% to 105.07; in year-on-year terms, it is down 2.46% from 107.65 last year.
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