Daily Insight -- Hryvnia down significantly
At the opening of trading on Wednesday, the national currency depreciated significantly against the US dollar, which continued until the end of the day, resulted in a significant increase in liquidity of UAH9.87bn, as expected, putting significant pressure on the hryvnia as higher demand for foreign currency came from from importers. The hryvnia fell 0.6% to 26.6476 USD/UAH. It sold for 26.52 USD/UAH versus 26.69 to buy at the Ukrainian cash market. Its CPI-based real trade-weighted index fell 1.44% to 105.32; in year-on-year terms, it is down 5.86% from 111.88 last year.
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/
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.