Hryvnia's TWI up on market rebound

Hryvnia's TWI up on market rebound



31 серпня 2015 года
ICU

As global financial markets rebounded on Friday following their nearly week-long decline, commodities recovered noticeably, consequently lifting EM currencies. As an example, Brent crude oil's daily increase of +5.5% to US$48.3/bbl pushed the Russian ruble 1% up to 65.21/USD. While other EM commodity-reliant currencies also rose, the euro was retreating and it slid 0.5% to 1.12. Ultimately, the USD index increased 0.5% as market rumors of no rate increase by the Fed occurring in September has evolved into the consensus. As a result, the hryvnia's trade-weighted index rose 0.2%.

Источник: ICU

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