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ICU
Research Team

Daily Insight -- Hryvnia continues to rise

As the US dollar continues to weaken globally, the hryvnia, along with higher domestic demand due to tax payments and decreased liquidity, continues to strengthen. However, growing cash reserves and greater CDs outstanding (with the NBU buying US$51m) have increased liquidity. Following the trade day on Monday, the hryvnia rose 0.2% to 25.4432 UAH/USD and sold for 25.38 USD/UAH versus 25.55 USD/UAH to buy in the Ukrainian cash market. The hryvnia's CPI-based real trade-weighted index decreased 0.27% to 109.72; in year-on-year terms, up 11.97% from 97.99 last year.

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ICU
ICU

ICU IS A FINANCIAL SERVICES GROUP PROVIDING SECURITIES TRADING, INVESTMENT BANKING AND ASSET MANAGEMENT FOR PRIVATE AND INSTITUTIONAL INVESTORS.

More information about ICU you can find at https://www.icu.ua/

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