Daily Insight -- UAH extends losses
At the beginning of the week, the hryvnia declined another 0.1% to 28.5677 UAH/USD, having weakened for the fifth consecutive trading session. The Ukrainian currency still remains under pressure from low supply as exporters refrain from selling FX currency as they expect the hryvnia to weaken further. In the local market, the hryvnia sold for 28.36 UAH/USD versus 28.51 to buy at the Ukrainian cash market. Its CPI-based real trade-weighted index fell 0.34% to 103.7; in year-on-year terms, it is down 1.55% from 105.31 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.