Hryvnia's FX regime exposes itself

Hryvnia's FX regime exposes itself



24 червня 2015 года
ICU

The NBU showed its ongoing tight control of FX policy as the hryvnia rose 0.69% to the dollar while most of the other emerging and developed market currencies declined on the news from the US and EU. The euro declined 1.53% on the Greek debt news, as the Polish zloty slid 1.42%, the Turkish lira fell 0.52%, while the Russian ruble added 0.16%. The hryvnia's gain yesterday illustrates the glowing disconnection of Ukraine from the global FX market as NBU authorities continue to intervene indirectly and directly.

Источник: ICU

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