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ICU
Research Team

Daily Insight -- Hryvnia declines

The hryvnia fell against the US dollar on Wednesday despite current tax collections and lower banking sector liquidity, down 0.5% to 25.5795 UAH/USD. The USD strengthened globally, and, by our estimates, this trend should continue. The UAH sold for 25.38 UAH/USD versus 25.57 to buy in the Ukrainian cash market. The hryvnia's CPI-based real trade-weighted index fell 0.25% to 108.6; in year-on-year terms, it is up 11.3% from 97.54 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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