Report
ICU
Research Team

Daily Insight -- UAH stable

The hryvnia, for the most part stable against the USD for the fifth consecutive trading session, declined 0.1% to 27.1357 USD/UAH yesterday. Higher liquidity (see the comment on liquidity) and ongoing solid demand for the USD in the domestic FX market fed into the UAH's weakness. It also declined despite news that headline inflation slowed to 13.6% YoY in November from 14.6% YoY in the previous month, which should have boosted the hryvnia. In the local market, the hryvnia sold for 27.06 USD/UAH versus 27.21 to buy at the Ukrainian cash market. Its CPI-based real trade-weighted index fell 0.07% to 111.33; in year-on-year terms, it is down 0.87% from 112.31 last year.

Provider
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/

Analysts
Research Team

ResearchPool Subscriptions

Get the most out of your insights

Get in touch