: :inin Kyiv (EET)

Ukraine forex market in confusion


Move by central bank to ditch unofficial peg for hryvnia has plunged foreign exchange market into confusion. |||

Kiev – A move by Ukraine’s central bank to ditch an unofficial peg for the hryvnia has plunged the foreign exchange market into confusion, with buyers of hard currency putting off purchases and sellers holding out for higher levels.
The hryvnia lost 30 percent against the dollar to trade at 24-25 on Thursday after the bank moved closer to a free float by abandoning the foreign currency auctions that had effectively pegged the exchange rate.
On Friday, traders quoted levels …read more

Source: Independent Online

World press about Ukraine

The category “World Press” is created to observe information about Ukraine in the world media. More information about “World Press” category you can read here

World press category: terms & conditions

Submit a Comment

Your email address will not be published. Required fields are marked *

Pin It on Pinterest

Share This

Share this post with your friends!