Hryvnia slightly weaker, TWI up on dollar

Hryvnia slightly weaker, TWI up on dollar



16 липня 2015 года
ICU

While Ukraine awaits the results of Nataly Jaresko's face-to-face late night talks with private creditors regarding the proposed debt restructuring terms, the US Fed chairperson announced that the Fed funds' interest rate hike would come in December if not September this year. On this news, the euro slid 0.54% as the Russian ruble fell 0.94%, the Turkish lira declined 0.57%, and the Polish zloty was down 0.57%. This propelled the dollar index up 0.54%. The hryvnia FX declined 0.54% and its trade weighted value slid 0.07%, indicating that the UAH's nominal drop was insufficient in relation to the main trade partners' currencies' weakness versus the surging US dollar.

Источник: ICU

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