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ICU
Research Team

Daily Insight -- Hryvnia strengthens

On Friday, the hryvnia strengthened 0.2% against the US dollar to 26.7399 USD/UAH, being prompted by a weaker US dollar in global FX markets as well as by actions of the NBU which entered the local FX market with currency auctions. On Wednesday and Thursday, the regulator sold US$60.5m and satisfied the excess demand for foreign currency, which had a positive impact on the hryvnia. On Friday, in the Ukrainian cash market, the hryvnia sold for 26.82 USD/UAH versus 27.07 to buy. Its CPI-based real trade-weighted index rose 0.12% to 105.18; in year-on-year terms, it is up 3.78% from 101.35 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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