UAH trading lull during May national holidays

UAH trading lull during May national holidays



5 травня 2015 года
ICU

Trading should be extremely slow during the Ukrainian national holidays this past weekend and continuing on May 8-10. With only three days of light trading this week, the market has already factored in the anticipated statistical reports on April inflation and FX reserves data to be released by the NBU this week. Inflation is expected be moderating after the badly received 10% on-month increase reported in March. Official FX reserves, expected to be higher after the IMF tranche is reported in the NBU's March data, should rise even further in April as the NBU was reportedly buying dollars from the market.

Источник: ICU

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