Daily Insight -- UAH extends losses
The hryvnia extended losses on Tuesday, down 0.25% to 26.3835 USD/UAH. Although September tax payments, which started at the end of last week, provided support, the global rally of the US dollar outweighed this factor. In the Ukrainian cash market, the hryvnia sold for 26.11 USD/UAH versus 26.25 to buy. Its CPI-based real trade-weighted index rose 0.22% to 106.15; in year-on-year terms, it is up 8.4% from 97.89 last year
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