Daily Insight -- UAH continues to strengthen
​The hryvnia continues to strengthen on the back of the declining US dollar. The excess supply of USD in the domestic market supports the hryvnia as well. The weighted average exchange rate of the hryvnia rose 0.26% to 25.8226 USD/UAH on trading volume of US$188.42m as it sold for 25.93 USD/UAH versus 25.77 USD/UAH to buy in the Ukrainian cash market. The hryvnia's CPI-based real trade-weighted index grew 0.6% to 109.7, while on a year-on-year basis this index was up 9.21% from 100.45 last year.Â
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