The hryvnia fell against the US dollar after having increased 0.4% the previous two days. Demand for foreign currency in the local market exceeded the supply and the USD strengthened, causing the decrease. Liquidity remained relatively stable, down only UAH0.34bn with no significant impact on the hryvnia, causing it to decline 0.04% to 27.1194 USD/UAH. It sold for 27.02 USD/UAH versus 27.18 to buy at the Ukrainian cash market. Its CPI-based real trade-weighted index rose 0.03% to 111.48; in year-on-year terms, it is down 0.54% from 112.08 last year.
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