UAH holds below 16/USD, ruble extends gains

UAH holds below 16/USD, ruble extends gains



26 грудня 2014 года
ICU

Yesterday, the hryvnia declines a slight 0.29% to close at 15.82/USD. In Russia, the ruble rose 3.19% thanks to positive market news that the central bank spent US$15.7bn in FX reserves during the week of Dec 12-19. Reuters said that government representatives would again oversee state-run corporations' boards to insure that these companies do not hoard hard currency cash at their bank accounts and sell FX cash to the domestic FX market. Hence, Russia runs a soft capital control, avoiding direct blame.

Источник: ICU

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