UAH weakened further by USD decline

UAH weakened further by USD decline



28 січня 2015 года
ICU

After a steady multi-day rally, the US dollar declined 1.27% versus the euro and 0.82% in trade-weighted terms (see Bloomberg DXY). US financial market sentiment turned negative on prospects that a strong dollar undercutting growth for domestic multi-national companies. Although we see the retreat of the US dollar to be only temporary, the hryvnia's real TWI fell 1.27% as external FX market adjustments only added to domestic conditions.

Источник: ICU

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