UAH weakened by accelerated inflation

UAH weakened by accelerated inflation



10 березня 2015 года
ICU

Inflation in February accelerated more rapidly following last month's extreme devaluation. Headline CPI was up 5.3% from the previous month and 34.5% year-on-year. The run on currency was the key driver of inflation. As the IMF is expected to approve and disburse US$4-5bn in new EFF funding by the end of this week, the domestic financial market could improve, but this reprieve could be short-lived if, and more likely when, the Minsk 2 agreement collapses.

Источник: ICU

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