UAH remains unchanged as authorities evaluate new measures to tighten the FX market

UAH remains unchanged as authorities evaluate new measures to tighten the FX market



17 листопада 2014 года
ICU

The FX market remains largely driven by devaluation expectations as war with pro-Kremlin militants and the Russian army appears to be inevitable. Russian President Putin was coldly received by his counterparts at the recent G20 meeting in Australia, and Putin's premature departure from the event underlined not only his difference of opinion from, but also his complete disregard for, the developed Western nations' opinion. As Putin's stance on Ukraine over the weekend signals that war appears to be inevitable, President Poroshenko, in a public gesture of self assurance, said that Ukraine's army is ready to defend the country. The NBU governor also stated that the bank would add new regulatory restrictions to stem any run on the currency. In our view, the hryvnia's FX rate was pushed into oversold territory.

Источник: ICU

Другая макроэкономика от ICU


Компании

все компании