UAH steady, Fed signals rate increase

UAH steady, Fed signals rate increase



29 січня 2015 года
ICU

The UAH appears to be holding a 16/USD as the interbank FX market remains squeezed by regulation out of fear of further devaluation. Meanwhile, the US Fed yesterday indicated that the Fed funds rate increase will occur no later than this June at the conclusion of an announcement of the next scheduled rate-setting meeting. While the market widely expected this timing for a key rate increase, the US dollar value rose following the Fed statement, allowing for a 0.47% full day increase. The hryvnia was up 0.73% in trade-weighted terms yesterday.

Источник: ICU

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