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ICU
Research Team

Daily Insight -- Hryvnia declines again

The hryvnia depreciated against the US dollar for the fourth consecutive trading session despite the fact that the US currency declined in world markets. The UAH2.5bn increase in liquidity in the banking system caused the hryvnia to fall, which by the end of Tuesday lost 0.4% to 26.67 USD/UAH. It sold for 26.48 USD/UAH versus 26.68 to buy in the Ukrainian cash market. Its CPI-based real trade-weighted index fell 0.3% to 105.07; in year-on-year terms, it is up 1.37% from 103.63 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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